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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 tmg1441on Oct 23, 2019 4:07pm
185 Views
Post# 30260942

RE:RE:RE:By the way ..

RE:RE:RE:By the way .. All the readers of K92 need to know is that during the 2020"s gold will double in price, reaching $3,000+ an ounce. The world is drowning in debt, personal, corporate, and government. Fiat is slowly losing faith.

Personally I believe the biggest push will be the first half of the 2020's, possibly starting within the next 12 months. The $3,000 mark may be reached in the next three years. The trick is when to sell, and where to put that money. If it is an inflationary depression your money will buy approximately the same amount of goods, although if K92 works out one would be way ahead because the increase in stock value will be propelled both by the cost of gold and increased output of gold. The golld should actually go up slightly faster than inflation.

Eventually we will have a deflation period even if it starts out as inflation. Cashing out and waiting to the bottom, then acquiring solid assets such as farm land or real estate in the past has been the best way to go.
Bullboard Posts