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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

Post by deepthinker63on Feb 20, 2021 9:37am
377 Views
Post# 32618136

Here’s my argument

Here’s my argument

The central banks and their bullion bank henchmen have made a determined effort to suppress a rise in the price of gold and silver because that would put paid to the notion that fiat currencies have any utility as a medium of exchange.

This price suppression has acted as rocket fuel for BTC.  If such suppression is continued, holders of BTC will own all the gold and silver in the world (and everything else of value).   I don't think the central banks understand that price suppression of gold effectively renders their own stocks of gold worthless.   In this scenario, central banks and governments become servants to BTC masters.

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