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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 Sep 06, 2017 3:45am
144 Views
Post# 26659932

RE:RE:Depths

RE:RE:Depths
Even without that dispute with locals the company stated itself it would need new money to reach commercial production. With these shenanigans the company will need more. And who would want to invest in the situation like this one? I know, we all are getting biased when our money are in there. Open your eyes. If you can. The dispute with the locals might have been mitigated already but it will find it's reflection in the next Q results. Not now, but it will. Definitely, not positive. Look at the same story with Primero. Well, make your decision. Retailers never move any stock up or down. Follow the trend.
Bullboard Posts