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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 TaylorBon Feb 26, 2024 2:09pm
126 Views
Post# 35899632

RE:RE:Decline

RE:RE:DeclineHow much money is B2 spending to put Black River into production? When uou add that yo the purchase price, Sabina was valued higher than K92. Also K92 claims they will be producing in the 225k per year range by 2025 and K92 has just as big a resource and exploration potential. The bottom line is that K92 produced approximately 120k in 2022 and they have not increased production in 2 years and counting and their earnings per share is going down. I think K92 is a truly great property but they have bad management. If B2 management ran k92, I can't help but believe they would he doing a much better job and the share price would be significantly higher.
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