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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 Nov 15, 2021 11:37am
253 Views
Post# 34127396

Nothing wrong with being a trader....

Nothing wrong with being a trader....I do that too and I make quite a bit. KNT has always been great for that. I have 10% of my position for that. BTO is another one I often trade.

The other 90% of my holdings will do great for the future. The macro conditions could not be better. K92 has a strong balance sheet and is 'sitting on a gold mine'. And one with enormous prospects. Trouble with trading is more often than not there is potential for losing a substantial increase because that is how gold stocks are. 

Meanwhile if you really are a trader the best way is to use options. If you are smart you will do very well but equally you can lose a lot. But comfort level is the thing.

It is quite apparent how strong this equity is: goes down to 7.66CDN and right back into the green while others are still red. That is a strong signal of future events.

I thought results were in line with expectations. Covid has made it a difficult year. But they have plenty of cash no debt and their plans are coming along.

Good luck to all investors and traders too. With KNT you will make money....   
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