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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 4CommonSenseon Nov 20, 2024 1:07pm
126 Views
Post# 36322088

what will it take to------

what will it take to------the stock is underpriced primarily because f retail investors (and day traders) lack of interest  - they have not jumped in ----YET! 

There are however 10 large instituational funds that have significant positions. The analysists (for what it is worth) now also have strong buys --- so what will it take for the price to move up in the short term? 

A bounce of $0.50 ==>$1 over one or 2 days will draw in the day traders and many retail investors.
If an Instititional investor was also to add a large chunck, or if  a new instituional investor bought in it will generate a lot of interst and attention. The key is to watch the daily trading volume over the next month. 

The retail investors in particular will jump in once they see high volumes and start doing some research. This is coming !!!! The 3rd Q results, and future prospects are just too good to ignore.  Buffet would refer to this as  a bargain price stock  
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