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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 Triggermanon Dec 11, 2017 12:12pm
219 Views
Post# 27130974

RE:where are the big names?

RE:where are the big names?If .42 holds , it will mark support and a double bottom. 
The mine is actually running well right now , commercial production announcement is coming,but the big catalyst here is going to be proving up the resource at Kora. 
No financings coming in the short term.  
Ramping up production while simultaneously working to expand the resource is no as quick and easy as people on the board seem the think it should be. 
.42 is both a great entry point and an average down level for those with risk tolerance and an understanding of junior hold stocks. 
Those who are adverse to risk shouldn’t be in junior plays like k92 , if you want gold exposure with less volatility , and less upside potential , try Barrick or  another blue chip. 
Bullboard Posts