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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Comment by krishakon Jul 17, 2017 2:53pm

297 Views

Post# 26477786

RE:too much dilution here !!

The dilution is not the problem. The problem is Ian Stalker in denial, his bald faced lying on the interview that KNT, unlike most other juniors, would need no further financing going forward. What if the continual placements and financing is being used to cover up the cash shortfall from unprofitable narrow vein mining. Remember Brent Cook comment on K92, "K92 is a show me situation". Not much to see so far...