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 tmg1441on Mar 16, 2020 11:59am

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Post# 30812841

RE:RE:RE:RE:Can someone explain

Yes, the US dollar is still the worlds reserve currency for now, but it is being chipped away.
The currency of any nation is backed by "good faith" by the economy and stability of that nation. When a country runs up $23.5 trillion debt, a major shortage in SS, medicare, medicade, etc. that currency stands a risk of devaluating. A crisis that requires boat loads of money to solve can touch off a value drop in comparison to a stable factor such as an ounce of gold.

Gold rarely changes in value, the fiat currency changes as it is cheapened.

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