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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 cyber37on Dec 12, 2020 6:58pm
132 Views
Post# 32094315

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

RE:RE:RE:RE:RE: Better than K92True, JL is no fool ….& for that reason he will likely look regionally for any acquisition/addition to KNTs’ arsenal rather than Brazil. With new listing on TSX it may be easier to finance major addition like LIO.V…..company that is badly mismanaged / run but has huge exploration potential in Fiji. Also KNT would be wise to add some debt as a deterrent for others to take an opportunistic run at it at currently depressed share price.
Personally I’m ‘torn between two lovers’ because I have position in both but ….what would be a short term price freeze on KNT may even out on aquisition premium on LIO (?).
Who knows what JL has in store but I’m sure something major is coming soon; price of gold will not stay that high for long so he will try to take advantage of it while it last.
G37     

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