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K92 Mining Inc KNTNF


Primary Symbol: T.KNT

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

Post by ErinBrockovichon Sep 10, 2024 5:18pm
167 Views
Post# 36217477

Recession?

Recession?Not my first rodeo. Recovery can be very fast or slow. It's unpredictable. Industrial demand for silver takes off just at the first hints of a recovery. It's hard to time. Buy when there is blood in the streets. HODL. 

 

  • It’s likely we are already in a recession; market lags this sort of thing; meaning a recovery is coming. 

 

  • likely we will see margin calls hit the broader market. This forces many to sell a wide range of stocks, including precious metals, in order to cover. 
 
  • panic sets in and the market over corrects. 
 
  • Gold and silver prices correct. Think silver back to 26 dollars. Gold back to 2300. 
 
  • FED cuts and cuts again into 2025. Recovery start to kick in. 
 
  • Rate cuts make gold and silver attractive and money flows back in.
 
  • Inflation drives gold and silver prices up. Debt government hangover has no easy cure. 
  •  
  • Silver and gold outperform. 
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