K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.

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K92 Mining Inc

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Post by Joseph_Kon Mar 21, 2017 3:20pm

126 Views

Post# 26009596

.77

Gold is up, and no surprise, KNT is still going in the wrong direction. My worst bet of the year. I suppose I shouldn't have been shocked when management force fed us a surprise PP, or that the share price is now trading down at close to the PP level.

I wish I'd have been able to take part in the sweetheart PP. I'd have backed up the truck to load up on those full warrants and .75s as well, and be happily dumping the shares I own at .77 today as well. Why not right? Free warrants and a slight profit, who is going to say no to that?

#VeryDisappointed

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