K92 Mining Inc KNTNF

Primary Symbol: T.KNT

Metals & Mining Gold

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.

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K92 Mining Inc > PE ratio for gold stocks - K92 vs upcoming miners

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Comment by cyber37on Sep 03, 2024 1:44pm

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Post# 36206540

RE:PE ratio for gold stocks - K92 vs upcoming miners

I think that until KNT establishes its’ main revenue stream - Stage 3, P/E is not that representative of its performance. Also it would be misleading when comparing this company to other established producers.
Also, it appears that market is just waiting & coasting aimlessly for results of the election in US. Feds are also holding off any rates adjustment (lowering) until election; so until then I would not expect anything major to happen with this stock or even market.
More sellout yes; since indexes are all at record high but that IMHO is only a chance to buy.
G37

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