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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 > How about giving profits back to shareholders
View:
Post by becker123456789 on Apr 01, 2021 6:28pm

How about giving profits back to shareholders

They should concentrate on finding ways to keep costs down , then give a dividend . Too many time I have seen gold companies rushing growth at any price.
Comment by Goldenhope on Apr 01, 2021 7:02pm
Too damn right  ballooning costs uncertain times in PNG   next big move in price is DOWN time to tighten the ship but COVID will be keeping the cat cats away in QLD and trust me the mice will play  
Comment by cyber37 on Apr 02, 2021 12:32am
KNT is just switching on ‘second gear’ on the proverbial scale of miners development. Setting path to 500k or million + oz of production/year & proving 10 - 20 million + oz would be perhaps 3rd or so…..Yet we already have this silly notion of dividend thrown around!? Hard to imagine the bigger disconnect from reality some people have. (likely short players) I’m waiting for $12/share & IMO ...more  
Comment by becker123456789 on Apr 02, 2021 3:20am
Wow talk about disconnect. If they have the highest  Au yield/t  they should have the lowest cost . It is good but far from the best. You are right they are in second gear and I was ponting out keeping costs down and giving dividends when profits do come in instead of making deals to make the company bigger. Maybe you can't sleep at night when it went from $9 to under $6  ...more  
Comment by Goldenhope on Apr 02, 2021 12:23pm
Yes well the reality is this company cannot have any faith in its long term income to provide a dividend return to its shareholders Their costs are too high i do agree if you want dividends go somewhere else  these guys are too greedy  thee we real money was made when this was 4p time to look elsewhere  my mates in Brazil are building a mining house you can pick up ...more  
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