RE:RE:RE:RE:RE:RE:RE:RE:RE:All this volume as of late and not much price movement.I'm probably into this as heavy as you, but I believe the blue sky potential from here is still enormous. The current pricing only takes into account the existing mining operation, which, as you know, is constantly expanding in a very impressive manner. If they hit their resource projection for this operation alone, the current price could well see much higher prices, especially if they follow through with additional phases of production expansion.
The really big unknown is the Blue Lake Porphyry Project: it they hit big on that, it could put K92 on another echelon, perhaps creating opportunity for a spinoff vehicle, with the possibility of a joint venture with a major, considering that Barrick's original interest in the land package was in regards to porphyry potential. K92 was fortunate to be in the right place at the right time, with the right people (well connected to Barrick), at the bottom of the gold market, and at a time when Barrick was trimming projects to reduce its financial stress at the time.
Sure, risk remains present, but this is a fun roll of the dice.