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Bullboard - Stock Discussion Forum 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... see more

TSX:KNT - Post Discussion

K92 Mining Inc > The next month is
View:
Post by ITSTHELAW on Dec 07, 2020 3:58pm

The next month is

going to be very positive for KNT! TSX, MOA, Q4 production of 30k++, Blue lake and 10 drills worth of drilling results (gold, silver and copper everywhere)!!! Easily $10+ by mid Jan/21 imo! GLTA
Comment by Y93H1979 on Dec 07, 2020 5:43pm
I'm really hanging out for more Judd drill results. Blue lake is a wild card, that asset hasn't even been priced in at all. I have the feeling that once MOA is signed, there could be potential interest from a larger mining co. Many have speculated that KNT is a prime takeout target. Any potential bidder would want some certainty, so once MOA is signed, I think there could be some movement ...more  
Comment by BlindBoy on Dec 07, 2020 7:05pm
I have stated previously, and still maintain my position that I do not want to see a takeover based on the current mining scenario at Kora, Judd, and the rest of their nearby epithermals.  The epithermal mining can easily achieve much higher prices and profits for the company, if the current pattern of positive drilling results continues. These current prices might well seem inexpensive down ...more  
Comment by Y93H1979 on Dec 07, 2020 10:45pm
Nor would I want a takeover based on "current" mining scenario. Any takeover would have to be based on the potential mining scenario, which is IMO 400K+ oz per annum. Same as if a larger company took over a junior with a resource and feasibility study. Would I accept $10 per share in a TO? No. I'd think about $15 though...
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