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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 Dec 08, 2022 6:06pm
272 Views
Post# 35160475

RE:RE:Bought Back In

RE:RE:Bought Back InWith 23 cents in earnings & P/E of 36 KNT is not undervalued; it already trades on future production growth which I’m hopping company will realize soon. I’m holding, because I ….still believe they will deliver on promised 500k oz but you can kick the can down the road only so many times. The news release on Dec. 6, shows a road plan to get to this Promised Land but the last production figures of 130k ozs makes me question if they can deliver.  

Yes, a buyout in mid teen would be sweet ……in time for Christmas.
G37

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