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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 > Really like this trajectory!
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Post by ITSTHELAW on Jun 10, 2021 4:28pm

Really like this trajectory!

It's like some investors want to buy alot of shares and are only buying a million shares (give or take) a day so as to not push the price up all once with a one time large purchase. Any way you cut it, this stock price is way undervalued and it seems some investors are starting to recognize it! Has to be good drilling results. My guess the reason for the unusually long delay for drilling results is that the preliminary Blue lake results are very positive and they are drilling more to substaniate the prelimary results. If the first porphyry hits ( and i believe thirteen have been identified) watch out, this is/will be  BIG TIME TIER ONE!
Comment by robertwfb on Jun 10, 2021 5:00pm
My guess the reason for the unusually long delay for drilling results is that the preliminary Blue lake results are very positive and they are drilling more to substaniate the prelimary results or the Blue lake results are abysmal and they are reluctant to release them. I think I like your scenario much better! I do wish they would hurry up though!
Comment by ITSTHELAW on Jun 10, 2021 5:24pm
Abysmal Blue lake results would be a minor setback as the Kora north, south, east and west potential probably already make this a TIER ONE asset. Porphyry potential will make this a another Kirkland lake or better if the Kora doesn"t. My early dd was Barrick bought this property fot the porphyry potential. Kora will probably look like it is the bonus after the porphyry's are drilled! JMO! ...more  
Comment by Y93H1979 on Jun 10, 2021 8:14pm
If they hit at blue lake and demonstrate a rich potassic core, they had better damn well spin that asset off ASAP. Everyone knows KNT is a prime take over target, and it will be a disservice to shareholders if a major like Newcrest or someone like them manage to buy Kora and blue lake in one package. Kora by ITSELF has the potential to be one of the most valuable mines in the world. A big ...more  
Comment by ITSTHELAW on Jun 11, 2021 7:02am
Tookie and the boys have a history of developing mines and selling. They are shrewd and know the potential this mine has. This company was worth $8 cdn at $1500 oz au  over a year ago, look at the value that has been added since then. Definitely won't sell cheap!
Comment by ITSTHELAW on Jun 11, 2021 7:05am
The post below was agreeing with Y93 post!
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