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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 cyber37on Oct 06, 2021 12:19pm
224 Views
Post# 33973772

Just thinking out loud….

Just thinking out loud….New 52 weeks low today & it makes me think if this is just a prelude to yet another disappointing (or at most mediocre) quarterly results. Can KNT redeem itself with upcoming reserves report? And no; it is not all about gold price. This company has both, low cost & high Au ore content so there is plenty of room to be profitable regardless of price. I’m not selling my few shares but my patience is wearing thin. As for silver….I’m not buying any of those ‘snake oil salesmen’s preaching; gold is still the king. Perhaps lithium will start shinning a bit more now.
G37       


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