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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 > What will it take?
View:
Post by mix1994 on Sep 01, 2021 11:33am

What will it take?

We all know that we are 'sitting on a gold mine' at K92 and so we have come to expect positive news releases. The pattern is a news release, a flurry of activity in the stock price followed by a settling back towards $7.00. Good drilling news has become ho-hum for long term holders. I believe it will take a big improvement in quarterly earnings to move the stock price to new highs and I am sure those improvements are coming. But when? Is it third quarter,fourth quarter or two years from now? In the meantime are we stuck in a $7.00 to $8.00 range?
Comment by ElJ on Sep 01, 2021 9:30pm
mix1994,                       You know from public documentsthat Q3, 2021 production is clearly up compared to Q2 and the price of Gold has been holding above K92's Q2 average realized selling price of $1754 and there were 3214 ozs  produced in Q2, 2021 more than sold. Long term plans are very positive and market timing is very ...more  
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