Post by
ITSTHELAW on May 27, 2021 3:56pm
Drilling update?
The last drilling update was Feb.15. This is an unusually long time for a K92 update based on their reporting history. 11 drills in operation and most would expect more frequent upates not longer. Covid issues aside, from the operation updates it seems pretty much as though it is business as usual. Gold price increase and the fact that the stock is way undervalued aside, the recent increase in trading volumes would seem to imply some good news is coming soon (don't freak out Oily, used the "soon" word again LOL)!
Comment by
Bjornsjodin82 on May 27, 2021 5:06pm
The delay of the drill results are because of the stop of fly in out from australia .( Atleast that was what they said on the conference call.) But now when the restrictions are lifted from 8th of may it should come drill results soon.
Comment by
oilsyd on May 27, 2021 11:41pm
ITL, It's so nice of you to think of me. I would say at the very least that we should expect much better prodution results (based on what they have said) in July. With this, I would expect a lot more confidence in the company and a decent share price to go with it. Great drill results would be pure gravy. Not so oily Oilsyd
Comment by
ITSTHELAW on May 28, 2021 6:15am
Agree with you Oilsyd. In one press release they reiterated 2021 guidence would not be affected by covid and the production equipment issues so one has to believe that q2,3 and 4 producuction will be very strong in order to make the 120-130k ozs projected. Anyway, nice to see the stock inching higher on solid volumes.