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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 Apr 02, 2022 3:35pm
248 Views
Post# 34570307

Twelve trillion roubles...Petro gone from the dollar

Twelve trillion roubles...Petro gone from the dollaris what the world needs to purchase by currency conversion from dollars euros yen etc.. Russia will only sell oil (and other commodities) in rubles. The 12T is just for the oil.

Germany and many others will need to convert euros etc. by a mechanism where the Russian supplier immediately buys rubles and dumps euros etc. This is how the dollar hegemony ruled.

The ruble will of course strengthen. In addition the Russian central bank will buy gold at 5k rubles per gram. As the ruble goes up so does the gold price. Putin and gang has set up a conveyor system to buy gold, strengthen ruble and weaken euro dollar and yen.

So much for the west trying to cripple Russia. All great for gold and our favourite miner.

Many articles on this whole process in the past few days.   Simon Hunt; Zoltan Pozsar; Alasdair MacLeod

https://www.youtube.com/watch?v=yB5gW2rulx4

https://www.zerohedge.com/markets/zoltan-pozsar-walks-us-through-death-petrodollar-and-rise-bretton-woods-iii

https://kingworldnews.com/kwn-metals-wrap-with-alasdair-macleod-available-now-4-2-2022/


  
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