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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 Jan 08, 2020 12:41pm
149 Views
Post# 30531025

RE:Pullback = Positive

RE:Pullback = PositiveK92 is dropping today for the same reason other miners are going down. Gold is dropping. As I mentioned several days ago gold rise due to world threats only last as long as the headlines. It is economical problems that create perm gold lifts.


Iran created turmoil in the oil market as well as gold, so I bought and sold DWT - 3x- and on peak fear times made several hundred on a small investment. Last night all networks hyped the loser missles Iran shot at the bases in Iraq where US troops were so I bought DWT again, first thing in the morning I sold as things calm down as almost always, made another $732.
  01/07/2020  18:22:48   Bought 1000 DWT @ 3.1
 
  -3,100.00   0.00   0.00   -915.37  
 
 
 
  01/07/2020  18:54:59   Bought 1000 DWT @ 2.91
 
  -2,910.00   0.00   0.00   -3,825.37  
 
 
 
  01/07/2020  19:16:58   Bought 500 DWT @ 2.85
 
  -1,425.00   0.00   0.00   -5,250.37  
 
 
 
  01/08/2020  02:35:45   Cash Alternatives Redemption
 
  1,480.00   0.00   0.00   -3,770.37  
 
 
 
  01/08/2020  02:35:45   Cash Alternatives Redemption (MMDA1)
 
  -1,480.00   0.00   0.00   -5,250.37  
 
 
 
  01/08/2020  07:00:03   Sold 600 DWT @ 3.26
 
  1,955.89   0.00   0.11   -3,294.48  
 
 
 
  01/08/2020  07:00:03   Sold 600 DWT @ 3.26
 
  1,955.89   0.00   0.11   -1,338.59  
 
 
 
  01/08/2020  07:00:03   Sold 400 DWT @ 3.26
 
  1,303.92   0.00   0.08   -34.67  
 
 
 
  01/08/2020  07:00:03   Sold 900 DWT @ 3.26
 
  2,933.83

The purpose of this is not WOW, look at me, it is money is to be made when the stocks go up or down. Besides K92 I play around with GLDLF. it is very sensitive to the price of gold, plus it is cheap. When we have a gold run up like we just had, I sell, and buy back the same number of shares for less, pocketing the difference. I am surprised so many sit around waiting for K92 to explode, what happens if it does not? You tied your money up for a year or so when it could be working for you. Nothing I do is original or creative. That said when you get the timing down you will be right 90% of the time.
Bullboard Posts