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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 cyber37on Dec 12, 2024 1:55am
155 Views
Post# 36358199

RE:KNT has been roughly between 6 and 10 dollars for 5 years

RE:KNT has been roughly between 6 and 10 dollars for 5 yearsAnything above …roughly $9.50/share is a new territory of trading for KNT. What this means IMHO …is that this level of share price needs to be backed up by tangible & sustainable new production level....... not just promises.
Fool me once (in 2022 & promises of 100k oz) which was good for over $10/share – briefly but don’t try to fool me again or we will see $5; deliver! The point is that any new level of share price like North of 10 - needs to be supported by actual production and not just promise.

I see resistance at $17.99…..lol.   
G37


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