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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 > About to crack 7 bucks
View:
Post by Goldenhope on Dec 17, 2020 11:35am

About to crack 7 bucks

Sorry to spoil the love fest

im
not down ramping without reason

these forums are filled with people spouting the virtues of the stock because it's a fallacious extension of their own ego


maybe they're selling into strength
bullyfor them

davt is this stock I'd 50:50 corporate Vs retail

thats a Bad mix for future growth and stability

needs more institutional stakes
needs a plan to dividend 
until then it's just an overpriced market darling riding in the back of gold fever
Comment by Treemoney on Dec 17, 2020 7:25pm
Y-i-k-e-s Dividends come when expansion slows and growth is muted. We're not there yet - the cash is funding continued drill results. Debt decreased from $7.0M sept2019 to $2.3M sept2020. Drill results keep yielding results. Did you know that K92 was in the top 15 of all gold producers on the TSXV for % float held by institutions? They are still a junior, this isn't Barrick. Irony.
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