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 Triggermanon Mar 28, 2019 9:57am

85 Views

Post# 29547474

RE:RE:RE:Any other gold suggestions long term play?

I am not buying knt shares at $1.50, believe me !!
As for GCM , vs Argonaugt , GCM has almost as much debt as their market cap.
Argonaugt is a debt free , internally funded production growth company.
Not saying GCM is a bad investment.
Saying , I prefer to invest / trade in gold names with less risk, and less debt to market cap.
Someone asked for other quality gold names to research so I provided one of my favourites.

Knt has become very overvalued. Has debt problems coming. Great time to take profits and not let greed steal those gains back from you.
Seriously , a 60,000 oz producer with a 300 M market cap??
the stock is way ahead of itself and will pull back.

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