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 > A takeover would be bad for K92 investors

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Comment by cyber37on Feb 17, 2021 9:16pm

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Post# 32592335

RE:A takeover would be bad for K92 investors

Let’s see ….just a good roomer about takeover would add $2/share & actual premium during buy out would likely be another $3 for $12/share from today’s level - historical valus. With ‘potential’ 10 million ounces in the ground & 220 million KNT shares this would be a $2.64 billion acquisition or $264/oz. Well it is possible but KNT has to do few more drill holes to prove that resource first plus as a shareholder are we willing to vote yes on a deal like this? Fun to think about this.
G37

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