K92 Mining Inc. T.KNT

K92 Mining Announces Discovery of High-Grade Zone

[Betteryear2]

VANCOUVER, British Columbia, May 24, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora Northern Deeps target at the Kainantu Gold Mine in Papua New Guinea.

K92 Mining Announces Discovery of High-Grade Zone at the J2 (globenewswire.com)

[cyber37]

Yes, spectacular results ….so why KNT shares caved-in (over 2%) just today? Is it that shareholders don’t believe company can monetize this rich deposit?  Is it because of some geo-political concerns? IMHO it is poor production record like 130 k oz in 2022; promises, promises since 2018 & it is always ‘next year’ or next quarter .….it is time to show some progress. Few pages of drilling

[GripnRip]

I would rather KNT spends $$$ on new equipment and drilling instead of blowing coin and options into a IR firm. How would an IR firm help KNT get to Tier 1 status faster on the development side or increase monthly production? simple answer...they can't and won't

[cyber37]

Yes, you could likely buy one or two drilling rigs for the price of IR campaign but at some stage of the game both are equally important. Shareholders need to be educated & informed about the value and potential of the company so they will buy and hold stock longer term. This will provide good reference for new equity (if needed), provide fair value in case of takeover and eliminate parasitic

[Goldenhope]

price gold very good  price KNT less than a year ago so all the BS about 10 bucks was....BS sorry guys  but not sorry some howled me down over this as i said  cornerstone investors left the building 5 years ago and now they own a massive 30 yr mine life operation in Brazil  and the biggest gold plant in europe in a safe (not russia ) durisdiction  with 3 mill ounce

[goldstd69]

what company are you talking about?

[4CommonSense]

you forgot thre IMHO  part ---didn't you???  lol goodbye and goood .........

[Quintessential1]

Or spell jurisdiction. "anyway  good luck and sometimes you cant teach donkeys to think" GLTA

[Dale327845]

Anyone have a clue what this foker is talking about?  Must have flunked Grade 3 English classes and then dropped out of school for good.

[Retiredgeo]

All of the good gold stocks on stockhouse are subject to attacks by shorter trolls.  They can be recognized by their low feedbacks, negative comments, poor knowledge, texting format, personal attacks and poor english.  Most are probably no nothing kids earning a commission on every post.  A few are professionals. The New Found Gold board is under constant troll attack.  We

[HavingFun]

Yes that's true.  one has to weed out the good from bad comments.  but we also have to acknowledge that KNT dropped down to 1 year lows and has underperformed it's peers.

[Retiredgeo]

The entire gold group is underperforming it's peers.  I wouldn't single KNT out.  When precious metals stocks come back into vogue KNT will head back up.  When the twin incline comes on line that will be a game changer.