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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
Post by tmg1441on Mar 12, 2020 9:00am
184 Views
Post# 30797950

YOUR HERO TRUMP

YOUR HERO TRUMPTrump is somewhat responsible for this crash. He put a ban on China, now Europe. (except UK) One more strike against oil that has been hit by the S. Arabia, Russia, US Shale survival fight. Major sport leagues such as the NBA have just shut it down. 

This is going to get worse before it gets better, This is the Black Swan of this century, not a Democrat plot. 

Personally, not a Rebub but think Trump has taken the correct actions, although I wish he shut down Europe ten days ago, we got a lot from Italy, a favorite US tourist spot.

If you study the early countries that have been hit (Yes, we US + Canada have a better medical system, there is a 60 to 90 day period from community spread, then a 30 day leveling off period, followed by recovery. If we follow this pattern we should be entering our recovery period this summer. Remember this, stocks anticipate about 30 days in front of the recovery as a general rule. 

Stimulation and lower interest rates should goose the price of gold, I expect record highs for K92 in the summer if no social upheval in PNG.

Stop the conspiracy theories, stock fixed, gold fixed, fed fixed, etc. There is a little bit of truth in all those, but the overriding factor is and will be supply and demand.
Bullboard Posts