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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 cyber37on Sep 02, 2022 1:29pm
177 Views
Post# 34938683

RE:Rate worries….

RE:Rate worries….Sell in May in September and go away …..or at least until this ‘bear rally’ shows signs of ending.  Well IMHO this is just a bunch of BS. Yes, interest rates are poised to rise so treasuries will yield higher BUT all this is just paper and gold (even if goes to $1600 or lower – no matter) is still the only alternative to weathering out this turbulence.
Low cost producers like KNT can easily weather out or even grow during this bumpy ride …..unless they keep listening to some ‘proxy advisers’ and join the populist crowd.
Even Titanic had survivors….and look how well Leonardo DiCaprio is doing now….lol.     
G37
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