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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 invest234on Sep 24, 2020 10:19am
200 Views
Post# 31610871

RE:RE:RE:What's wrong with K92 mining?

RE:RE:RE:What's wrong with K92 mining?so you are saying the great improvement in fundamentals of knt don't matter, only your personal opinion of market timing matters. what if somebody has a different opinion of market timing than yours?
everybody's different opinion of market timing can't all be right.

Retiredgeo wrote: We are in a market correction.  Most of the world's markets are nearing the official 10% level.  Most of the fundamentals are ominous (second wave etc).  Market corrections are bad news for precious metals and precious metals miners.  As a rule of thumb you sell your Gold and Gold stocks before the correction and buy them back after the correction.  I don't see KNT as being any exception to the rule.  I will wait until after this market correction passes before buying back in. 

The opening point of my blog being that there is now a huge disconnect between K92 and KNT.  You can blaim the big bad world for that.  I don't see company specific items mattering too much at this time - the entire sector is going down.

Yesterday says the correction isn't over yet!  Today isn't looking any better.  October has a terrible reputation.  American presidential elections have a terrible reputation.




Bullboard Posts