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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 > Composite index
View:
Post by Bjornsjodin82 on Sep 03, 2021 5:30pm

Composite index

https://www.newswire.ca/news-releases/s-amp-p-dow-jones-indices-announces-changes-to-the-s-amp-p-tsx-composite-index-808597233.html
Comment by BlindBoy on Sep 03, 2021 7:25pm
Thanks Bjorn.  I have to admit that I don't pay much attention to these indexes, but adding K92 cannot be anything but a very nice "plus" factor in its favour, and also demonstrates that the company is held in high regard by higher authorities. Good find.
Comment by Bjornsjodin82 on Sep 03, 2021 7:48pm
Neither do i. But cibc wrote this a feew weeks ago and it sounds good. CIBC saying $KNT.TO potential add to TSX Composite Index. They estimate potentially 7.6 m shares of demand required or 7.8x of adv. Announcement date Friday September 3
Comment by themason on Sep 04, 2021 8:26am
[url=https://ceo.ca/@newswire/sp-dow-jones-indices-announces-changes-to-the-sptsx-c74ed]https://ceo.ca/@newswire/sp-dow-jones-indices-announces-changes-to-the-sptsx-c74ed[/url]
Comment by themason on Sep 04, 2021 8:28am
https://finance.yahoo.com/news/p-dow-jones-indices-announces-211500521.html
Comment by cyber37 on Sep 05, 2021 1:59pm
Being part of the index calculations is a plus since it is perceived as a representative & a player of the sector. Also some funds are more receptive to have larger positions in outfits listed and are part of the particular index.   G37