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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

Comment by BlindBoyon Jun 14, 2022 7:20pm
260 Views
Post# 34756657

RE:RE:my opinion re:financing

RE:RE:my opinion re:financingI agree, Merlin.  I think they are being receptive to this highly priced financing pretty much as a hedge against (overall) market uncertainties currently being displayed pretty much across the various facets of the financial markets.

That's why I view it as a win-win: better to tap into decently priced funding while the numbers are in your favour, "just in case" the world economies really do begin to panic (temporarily). 

Overall, I'm not at all concerned for the future of K92, but in the case of world panic scenarios, we know that panics can create some severe (albeit temporary) bumps along the path forward.  




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