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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 techfan49on Apr 23, 2020 10:25pm
212 Views
Post# 30947795

Oil producers and buyers and gold

Oil producers and buyers and goldCountries like Russia are accepting payment for oil in gold. Countries like China are buying as much gold as possible while dumping US treasuries. Since the dollar is supported by oil and since oil producers are accepting gold, the US dollar can only go up if Trump loads up on gold. No one will hang onto the greenback. If Trump truly loads up on Gold, then the demand will push the price through the roof and Trump could literally eliminate all debt by substituting dollars by gold dollars. It is coming. And every one in banks around the world who dont hedge and stay long in paper, will rush for gold when currency values nosedive
Bullboard Posts