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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 aimhighon Mar 31, 2021 9:39pm
212 Views
Post# 32920222

RE:RE:Sorry no mergers....

RE:RE:Sorry no mergers.... II would like to add my 2 cents to this topic. 
It will be almost impossible to find another mining opportunity that comes anywhere close to K92's assets.  We own a Tier 1 deposit , very rare. 
Everyone knows we are a future takeover. As shareholders, each of us has a stake and a vote.
I would like to see our mgt team focus on developing the stage 3 plan and continue to prove resources by drilling the targets we have. Both of those actions will raise the share price , and hopefully the future takeover price. 
From the last finacial reports , our company is generating a lot of cash . It pays for the exploration, without dilution, and we have banked at least half of the capital required for phase 3. 
We also paid off our debt over the last 6 months , about 7million. 
I would like to see a dividend started by the end of the year. We have the cash flow.
That way , each investor can diversify into anything they want, and this GREAT property can continue to reach its potential. 
Personal target on K92 is excess of $ 15 in 24 months. 
She's a beauty. 



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