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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 Domingo123on Oct 12, 2023 11:58pm
167 Views
Post# 35681642

RE:New Press Release - K92 Mining Announces Q3.....wow!!!

RE:New Press Release - K92 Mining Announces Q3.....wow!!!It's been looking inviting in the 7's, 6's, 5's and now 4's. No rush to buy here since we know it will flunk earnings in November. Q4 projection looks (too?) good though at 33-38k oz au eq. Management is obviously under pressure to meet the lowered production guidance for the year. Missing their revision would be nothing short of disaster for the stock price. The question is can they pull it off in Q4 when they haven't been able to do it all year? Any downtime with the plant that has to run at max capacity, another safety incident (there's been one every quarter lately), likelihood of a quake (one occurred in PNG just last week), I'd say the odds are stacked against them.
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