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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 Dale327845on Apr 11, 2023 10:49am
102 Views
Post# 35388396

RE: KNT share pricing - "Art" NOT science so don't bother

RE: KNT share pricing - "Art" NOT science so don't bother I am not nagging, and think K92 has termendous possibilities, and am totally invested.  But I am still very curious why the share price has languished since March 30, when they announced 4th quarter and full year 2022, results.  On March 30 K92 was $8.15, gold about 1980, GDXj $39.84.  Today K92 is $7.55, gold plus $2,000, GDXj 42.29.  Today with gold up above $2,000 again , solidly it looks, GDXj is up $3.2% at time of writing,  gold companies I own and follow up more than 3%, and K92 again mostly flat. 
I have also noticed that the volume has been quite low, especially compared to the past when volume was quite high most days (daytraders?) , and today volume, so far, is low again.  
So , anyway, I am curious if this is  a short term thing, perhaps caused by someone or some institution selling off their holdings; or if there has been a change of some sort.  I have no idea if K92 is underpriced at this time , or even over priced.  That is a very complicated determination and involves considerable guess work.  It is just that until March 30 K92 was following gold price , and GDXj , higher, and since then it isn't. 


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