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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 merlin991on Mar 31, 2021 7:16pm
209 Views
Post# 32919770

Sorry no mergers....

Sorry no mergers.... Says my crystal ball.

They want to buy another gold miner. Probably a good value needing some capital and great management. Plenty out there given the big gold pullback. I know several companies  which would fit their bill. But Tookie Angus and Lewins are pretty savvy guys. We will hear soon enough. 

Meanwhile the big pushdown for quarter end gold appears to have fizzled. A bit of a squeeze today.

Meantime enjoy the ride this thing will be taking off. And there is no need to dilute themselves with any expensive deals. Just a little gem for diversification that they can build up.
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