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Bullboard - Stock Discussion Forum K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.

TSX:KNT - Post Discussion

K92 Mining Inc. > Bought Back In
View:
Post by ErinBrockovich on Dec 02, 2022 8:40am

Bought Back In

Back in between 6 and 7 bucks. Easy hold until over 10 bucks. I still think this is a 20 dollar stock within 2 years.
Comment by 4CommonSense on Dec 08, 2022 3:49pm
This stock will never reach $20 -- someone will buy it well before then -- it is undervalued and has been for a long time and at the current $8.20/s it still is undervalued  -- it should creep up to $10/s+ -- maybe and a likely take over price will be ~@$12-$14/s
Comment by cyber37 on Dec 08, 2022 6:06pm
With 23 cents in earnings & P/E of 36 KNT is not undervalued; it already trades on future production growth which I’m hopping company will realize soon. I’m holding, because I ….still believe they will deliver on promised 500k oz but you can kick the can down the road only so many times. The news release on Dec. 6, shows a road plan to get to this Promised Land but the last production figures ...more  
Comment by 4CommonSense on Dec 09, 2022 1:56pm
In your opinion only- KNT earnings per share a greater than Barrick's and yes it does trade at PE of 37. Part of the reason for this is that there is a POTENTIAL significant increase in production AND it is potential take over target. It a speculative stock and as such a PE of 37 really isn't high relatively speaking. Tech stocks trade at very high PEs and bases on a whim and a prayer - vs ...more  
Comment by 4CommonSense on Dec 09, 2022 2:42pm
I don't think logic or consistency are your hall mark. basedonyour comments.   You claim to have bought. KNT back in Dec at $6-7/s. Why would you do this if KNT was even more  'overvalued'  at that time.  Perhaps you felt atthat time it was 'undervalued'? '  If you think it is not 'undervalued' --- it must be 'overvalued' ...more  
Comment by cyber37 on Dec 09, 2022 4:41pm
4CS….deductive reasoning is not your strong suit is it? You need to focus on who are you replying to – like in this case someone who bought KNT at $6 – 7; my position was established at just over $3 & I’m fine with my choice.  PE of 37 is steep & an analog to tech stocks is just silly. KNT must show production increases Q over Q if promised 500k is to be delivered – simple as that ...more  
Comment by 4CommonSense on Dec 09, 2022 6:03pm
You didn't answer the question -- if you think i ts over valued - since I say its unde valued -- why don't you sell ??? In addition using PE's as a critieria for  buying or holding a junior mining stock is wacko.... if a junior mining company has any kind of a  PE its a bonus - whether its 37 or 77 it is irrelevant ,.Why is the comparison to a tech stock silly --- its ...more  
Comment by cyber37 on Dec 10, 2022 1:50am
You are an $diot......I my opinion only. G37
Comment by 4CommonSense on Dec 10, 2022 12:01pm
ha!-- you can't answer a straight forward question-- so I'm the idiot ?  Right!!!  as usual your logic is bit F%^ked 
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