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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 Treemoneyon May 01, 2020 2:15pm
188 Views
Post# 30977100

RE:RE:RE:RE:Shorts Covering

RE:RE:RE:RE:Shorts CoveringSo hard to know, there's just so much uncertainty and it's producing a lot of volatility across the wider market. Thankfully when investing (not trading) the short term volatility doesn't matter.

Second half of 2018 was a neutral movement with lots of volatility. If you held you were rewarded with a 180% retrun by August 2019.

Second half of 2019 was a neutral movement with lots of volatility. If you held you were rewarded with a 55% return by today.

Does that mean this WILL happen again in the latter half of 2020? No clue, and no one knows but I think it's still important to have context on past behaviour to understand whether stepping away during this volatility is a good diea or not. Everyone's got a different appetite for risk.
Bullboard Posts