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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Post by newfie36on Nov 05, 2020 8:41am

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Post# 31840984

Big Day for Gold?

I am expecting gold to rise to $1850 level today as the USD continues its decline and Euro accelerates!

My only conern is what will the fed say today! Everytime in the past several months whenever Jerome Powell speaks the market and Gold has tanked.

We are long way off from getting stimulus and the fed knows this so will be interesting to see if they offer additonal quantitive easing or they just talk up the need for stimulus. If so look for gold and the market to to take a dump again!

Any opinions on what the fed will anounce today?

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How does sponsorship affect share price?