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 > Outflows from ETFs

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Comment by cyber37on Dec 15, 2020 12:59pm

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Post# 32109682

RE:Outflows from ETFs

It appears that being part of gold index (GDX) may also bring some not so positive attention to this stock price. It is a good point however that with current gold price of $1800 plus and KNTs’ cash cost of production of less than $600/oz there is a plenty of room to turn a healthy profit. Still, it is a bit disappointing to see this downward drift.
G37

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