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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 ITSTHELAWon Oct 20, 2021 5:01pm
299 Views
Post# 34029380

Everything is pointed in

Everything is pointed in the right direction. The investors/insitutions worried about the geo-political risk have "SOME" reasurrance. Lest we forget how the management of this company misled investors in the early days (can elaborate if anyone is interested and all under Tookie's watch). Not as much the case now! Proven reserves, positive cash flow  (in covid times, amazing), low aisc, excellent corporate relations (it seems) with the gov't and landowners (tribes, and there are many of them all fighting with each other about everything)!  Doubt they will met the last guidence for 2021 (hoping I am wrong). Right thing to do for investors (mainly short term), is update the 2021 guidance. Never the less, long term investors will be rewarded! 
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