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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 4CommonSenseon Feb 01, 2021 12:43pm
186 Views
Post# 32437400

RE:RE:Excellent prospects

RE:RE:Excellent prospects it appears based on the last Q 30,000+ X4   ~120,000+ but the grades will likely be better this year AND -- the mill production and recovery are improving --- both have happened over the past  year as well - it is expected that milling performance will improve with time and as they 'refine' there processes. The opportunity for 'analysis' is limited by the info disclosed ... so an increase to 175-200,000 (high end) ozs is - speculation but not far feteched.

I can't predict the future but what has happened in the past is a bit of an indicator--as well as the usual history of milling performance.  

My suggestion is - keep quiet about this stock and keep buying - the upside price potential far exceeds the downside price risk. --- this is likely going t o be a take-over target!

This is the stock market ..so .. no guarantees -- this is my opinion only and  the basis for my continually adding to my holdings  of KNT -- my GAIN is well over $100,000 to date - so --do what you think works for you  
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