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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 Goldenhopeon Dec 09, 2020 4:38pm
116 Views
Post# 32071685

RE:RE:Interesting

RE:RE:Interesting

Perky
thanks
msybe we can call a truce
i get excited about new opportunities and like to talk about the ins and outs

i didn't say anyone was jumping
just that they might take on additional roles elsewhere 

and the guys that raised the original money that got knt over the line at the beginning are doing it again 

you must appreciate that I can only go so far and it's fair to say what I'm talking about is unsubstantiated 

but
The fact is knt is a one trick pony
sure it's an enormous well bred and highly valuable pony 
but 
it has huge sovereign risk and the current geopolitical climate is scary in that part of the world and island democracies are being corrupted 
look at the solomons and the devastation caused by another country on a legitimate Australian miner

JL accepts this in the interview without saying it like I do because he can't 

Knt needs another big asset and not in PNG
not in Australia ...... too expensive
so where

Again I'm not sticking my neck out again here because some posters are cranky with me 

Knt has a huge retail ownership (58%) 
largest shareholder is only 10%
price has been pretty stable for a year and that's on the back of booming gold which may come off with stability from the Biden effect

things could change quickly for a number of reasons

im always looking for the next big thing 
not  old news 
each to their own 

good luck 
 

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