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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 BlindBoyon Oct 02, 2020 5:03pm
255 Views
Post# 31661654

RE:Stock manipulation

RE:Stock manipulation I see no indication of manipulation. Today is the 3rd consecutive day of less than a million in trading volume. That comes on the coat tails of 27 consecutives days of trading over a million per day, including the >19 million trading of 11 days ago. Manipulation is normally accompanied by volume, not lack of volume.
Nobody is happy about this 4 week period of "drifting", but it seems to me that the company is tending to their mining business for the moment, and allowing shareholders to do what they want.
Those who believe the potential of the "growth" scenario probably continue to hold; those who want to day trade and a constant "pump" may decide to sell.
Today's net sells were once again dominated by TD, same as last friday's. TD is home to a lot of accounts, but not generally the major players.
These mining stocks are often volatile, and anyone who can't accept volatility can drive themselves batty, maybe even manic depressive.
Luckily, these markets are also "democratic", in that we can also press the button A or button B (buy or sell).
Bullboard Posts