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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 oilsydon Nov 25, 2024 9:49pm
63 Views
Post# 36330324

RE:RE:RE:Raised Price

RE:RE:RE:Raised PriceNo need to make personal comments against Cyber just because he comments on Trump's influence on gold price.  His comments were thoughtful.

I am glad you are making money off crypto but I could never buy it because I don't see much intrinsic value.  People who make money of this are lucky, but not necessarily fantastic investors. 

I am not a big fan of Trump.  He claims to be great for the economy but he was only able to do that by adding around 8 trillion in debt. If I borrowed a few million dollars, I could hire a cook, a maid and a gardener (and I will need a  nurse soon).  I would look incredibly successful, but all time my situation would be getting worse as I borrowed more money.  A lot of people do not like Trump and a lot of people love him.   Would KH have been better?  Not sure about that either. Let's all make judgements at the end of his next four years.

If Trump is good for the economy, increase in gold price will be tepid as the dollar stays strong.
If we go to WWIII, there will an increase in demand for gold but dollar will also be in demand.
If Trump is bad for the economy, gold price will soar as US dollar weakens.

The recent weakness in gold is due to Trump's honeymoon effect on the dollar but as cyber points, everything eventually comes back into balance where markets are concerned. 

No matter what, KNT is moving into stage 3 and I continue to believe that share price has to move higher. 


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