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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 May 03, 2023 12:24pm
77 Views
Post# 35427774

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

RE:RE:RE:RE:RE:RE:RE:KNTNF appears to be cheapIMHO, there is plenty of “wrong” with day trading. Basically it is not rooted in the value or potential value of the company but in artificially induced fluctuations in stock price. It goes against principle of stock markets which is capital generation. Market share price is a reference price for new equity & capital for the company …so they can produce tangible wealth latter. Day trading although it is small sets reference price for new equity issue that can be misleading.
If anything, day trading is parasitic in nature & I think it is harmful to both, equity market and the company.  
G37  

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