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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

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.


TSX:KNT - Post by User

Bullboard Posts
Post by krishakon May 11, 2017 1:15pm
309 Views
Post# 26232258

Mining Legend comments on KNT.

Mining Legend comments on KNT.Brent Cook is the only real "mining legend" who I have heard commenting on K92, in a BNN interview. A caller in asked him for his opinion of K92. He replied that it was essentially a "show me story" in that narrow veined mines were notoriously difficult to operate profitably. Itmay be worth remebering Cook's cautionary words if and when the stock is north of $1/share again without the announcement ofcommercial production...
Bullboard Posts