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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 Nov 27, 2022 4:52pm
276 Views
Post# 35132309

RE:RE:RE:RE:RE:cash position -- pretty impressive

RE:RE:RE:RE:RE:cash position -- pretty impressiveKNT is overpriced if you evaluate this company based on present production…..BUT since I got in before the meteoric rise (~2 years ago) in share price I consider myself lucky. I still believe they will deliver however I’m less & less confident in their schedule & would like to see some tangible progress. What I see is pilling cash and rather ‘non-specific’ plan of action. Both production costs increasing, grades decreasing and a long term share price declining. PLUS opportunistic dilution in June with a weak reasoning was nothing less than an insult to long term shareholders!

Time to show some progress or higher someone who can deliver on those promises.    
G37
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