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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

Comment by Treemoneyon Dec 07, 2020 2:15pm
132 Views
Post# 32050736

RE:RE:RE:RE:RE:RE:RE:RE: Better than K92

RE:RE:RE:RE:RE:RE:RE:RE: Better than K92So one of the links posted about the K92 funding was:
https://k92mining.com/2016/02/k92-completes-financing-to-restart-its-kainantu-gold-project/#_ftn1

CRH's was the investor (https://www.cartesianroyalty.com/) - and they are a mining investment company. The main person involved on their end was Ian Stalker who is not involved as far as i can tell in PAV. He used to be CEO of K92 before Lewins took over.

So what about PAV, there's John MacPhail, but Valencia Corp/Wealthcraft Capital, Inc./I-5 Holdings are mostly focused on medical.

The early set up is not the same, and it would appear that the capital investment end (John MacPhail) is coming from a medical focused background, so why the late transition into gold?
- Same with Raphael Danon via Jack Nathan Medical Corp
- Brock Daem is connected via Valencia Holdings
- Mark Klein is an independant direction of Captor Capital Corp which is the company that bought out I-5 Holdings from John MacPhail.

I have no doubt that the board of PAV is out to make money, you wouldn't start something if you didnt. But, the board is run by a team that's background is in the medical industry, so who's actually running the show or is it just them thinking they see an opportunity?

So if i've overlooked something here please correct me, but the team backing PAV at this stage is not the same people that backed K92 back in 2016.
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