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.

TSX:KNT - Post by User

K92 Mining Inc

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Comment by Saulion Jun 05, 2017 3:15pm

176 Views

Post# 26326150

RE:RE:RE:RE:RE:RE:Financials

Staz,
it appears their may be a number of dynamics effecting the stock price.

All the major miners are selling off and KNT is definitely following that trend.

Achieving commercial production might be a problem but if it was serious
the short positions would be much higher, especially after a major financing.

I wouldn't be surprised if the mining sector continues testing support before moving higher.

Sauli

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