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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 08, 2022 11:58am
210 Views
Post# 34588116

A decent lay summary...

A decent lay summary...We are seeing a lot of events that are fast at us. The war has triggered the 'reset' and it is in progress right now.

The west has shot itself in the head. Dollar hegemony is over but the patient still thinks it is alive. China and Russia has played it well. They have prepared for this over the last decade.

The senseless prodding of the Russian bear by Nato (US the others are just the choir) has unleashed the trigger point.

The ruble is now effectively backed by gold and very smartly by gold/ruble exchange that is flexible. China has built enormous reserves of all commodities (including food). 

As commodities rise in price especially oil the ruble becomes stronger and the USD Euro Yen will weaken. How will the US bankroll their military bases as their currency halves in the next 3 years?

They can't. How will they pay for their internal budgets: QE. QE in a declining currencu is a doom loop.

Gold and good miners will have tremendous advantage. This decade will be remembered for much more than COVID.

I urge you all to read the following article at least twice.

 https://www.goldmoney.com/research/goldmoney-insights/the-commodity-currency-revolution

   
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