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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 tmg1441on Apr 27, 2023 10:00am
141 Views
Post# 35416777

RE:RE:RE:RE:KNTNF appears to be cheap

RE:RE:RE:RE:KNTNF appears to be cheapK92 is a trading stock, not a long term hold. I literally bought all new appliances (premium freezer, washer, dryer, and refridgerator) last year. I only allow 30k in my K92 fund. I am now buying again at $4.80 and below. Will sell somewhere around 6 (US). If it is still climbing I will hold longer. This will pay for my wife and I to take a very nice trip to Europe again.

I have been doing this for five years. Original purchases in the $2 range. I do this with three other stocks that also have consistant hi/lows. 

It blows my mind how somebody could be holding for two years, watching the peaks and bottoms three or four times that two year period.

I do this under a self directed Roth, meaning no taxes.
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