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 > Knock..knock..knocking on $8 again

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Comment by cyber37on Dec 01, 2020 9:17pm

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Post# 32015513

RE:Knock..knock..knocking on $8 again

It appears that $8 is some kind of magical barrier for this stock. Last September it was knocking at it for a week or so & zip…..nothing. The difference this time around is that RSI (Relative Strength Index) is just 54% and not 74% and in overbought region as it was in September. Technically, this gives KNT room to run PLUS now, this company has shown exceptional tangible growth potential in the ground.
Not sure what has happened at the end of the day; someone desperately wanted to get out with 20k of shares at any price?
G37

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