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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

Comment by tuesdaynightridon Oct 25, 2024 9:44am
122 Views
Post# 36281791

RE:Silver

RE:Silver

I'm also positive on silver and I do hold MAG silver.
That said, MAG has moved from below $8 this year to
over $17 so i'm not touting it as a current recommendation.

As I review all my holdings, knt has by far the greatest potential NOW.
It's all about earnings but even more important... earnings growth.
It doesn't take much to see why the market values kntnf at a p/e= 56.
*note: last  November the  p/e went to 28 when kntnf hit $3.43 due
to the 2023 summer speed bump involving the miner deaths.

Why does the market value knt at a 56 p/e now?? A move from
44k AU eq oz production now to 70k AU eq oz per quarter in 2025
to 100+k per quarter in early 2027 kind of spells it out.
So as long as there are no more speed bumps, the future math isn't
hard to do.

All that said, we should all be happy about silver's increase.
Unfortunately for k92, silver remains at 1% or so of total revs.


 

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