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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
Comment by stazon Jun 22, 2017 2:33am
148 Views
Post# 26390984

RE:RE:Timing of the latest news release

RE:RE:Timing of the latest news release
As I posted before, according to SEDI ( and that's the only official place where you can see and count insider transactions) real insiders own not more than 5M shares. It's less than 5%. And I'm not sure if they bought them with their own money or just got them in many possible ways of plans . I talked to IR guy 3-4 weeks ago, he told me they were shareholders as well and are very stimulated . The question is, we BUY our shares with our own money while they get them pretty often for free. They are interested in the sp appreciation but no risk involved, either plus or nothing. Big difference. They were supposed to close the transaction today. Let's see if it worked
Bullboard Posts