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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 tmg1441on Aug 22, 2021 10:11am
201 Views
Post# 33745995

RE:Until then......?

RE:Until then......?I have posted this five or six times. K92 is my all time favorite stock. I have bought and sold it about a dozen times over the years. Sold it all when it went over $7 (US) about five or six weeks ago. I am now gradually picking up stock in the sub $5.50 (US) range. 

Of course some would say what if it kept going above $7 per share. Well it would have to go to about $14 (US) for me to be better off than from buying and selling. Also, each time I buy back I am able to buy back more shares at the lower price. 

You make it sound as "Bad people" buy and sell the stock. The full purpose I thought was to make money, not to hold and watch it go up and down a dozen times over the last four years. When people talk about "loyalty" to a stock they are no longer investors. Stocks are not family members or old friends, but a tool to gain wealth.
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