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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 > Until then......?
View:
Post by cyber37 on Aug 20, 2021 4:51pm

Until then......?

When you run the company & state:
“We expect the second half of the year to be stronger than the first half, and the fourth quarter to be the strongest for the year,” Lewins said.
This implies that until fourth quarter nothing exciting will be happening? Until then KNT will only be an idling place to park money, is this why we see this indiscriminant selling? Still, I can’t believe the lack of faith in this outfit by current shareholder. The stock appears to be an easy prey with no loyal shareholders and is also overrun by parasitic day traders.
G37      
Comment by oilsyd on Aug 20, 2021 10:48pm
3rd quarter will be great and 4th even better.  Look for some sort of turnaround in 3rd quarter which is in six weeks.  We may go up before then because people  try to anticipate and the share price has decreased quite dramatically over the last 3 weeks and we should be near the bottom.  Hard to imagine that this can go on for much longer.
Comment by tmg1441 on Aug 22, 2021 10:11am
I have posted this five or six times. K92 is my all time favorite stock. I have bought and sold it about a dozen times over the years. Sold it all when it went over $7 (US) about five or six weeks ago. I am now gradually picking up stock in the sub $5.50 (US) range.  Of course some would say what if it kept going above $7 per share. Well it would have to go to about $14 (US) for me to be ...more  
Comment by cyber37 on Aug 23, 2021 3:30pm
TMG, totally agree with your skillful methodology; and yes, we are here to make money. However; companies are also here to make money or should I say issue equities (get money) so they can grow & make us (shareholders) even more money. There is a fine line/balance between taking profits during overly exuberant spikes in share price and impeding the share price growth by daytrading it. Luckily ...more  
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