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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 > Knt's bright future
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Post by Severn on Nov 08, 2021 7:01pm

Knt's bright future

Having bought into this company in the early stages, when the market cap was extremely low. I found this story very compelling. Numerous times I have set targets to exit for my own reasons.Knt, continuously achieving positive milestones, has made it difficult to leave, thankfully. This company is very well managed. Time will present shareholders, with great rewards! I feel part of this company, and comitted to its success. The next big step is just around the corner. Stay long my friends!
Comment by merlin991 on Nov 09, 2021 12:20pm
Pretium which has some sililarities to K92 taken over by Newcrest. It's around $2.8B with a 25% premium being paid.  The gold miners are heating up. The large miners have to takeover to establish large reserves otherwise it becomes a failing business model. We will see more takeovers soon. K92 is higher grade with currently a similar resource (but pretty soon larger) and a significantly ...more  
Comment by Bjornsjodin82 on Nov 09, 2021 12:45pm
The deal was in usd . Thats 3.7 in cad.
Comment by merlin991 on Nov 09, 2021 12:56pm
Sorry my error..... Let's call it $4b Canadian in 18 months..........
Comment by Bjornsjodin82 on Nov 09, 2021 1:29pm
Not an error merlin ill take 4 billion cad in 18 months. Maby newcrest buys knt then to. Newcrest said in the last report that they Will cut aisc by half to 2030. If knt have aisc under 500$ in 2025. They sounds like a Good target for them.
Comment by merlin991 on Nov 09, 2021 1:54pm
You are right Bjorn. There is absolutely nothing not to like here.  We are likely to have several news items here over the next few weeks. Drilling news and resource update of course and who knows some prelim inkling of porphyries.  Not to take any limelight away from Pretium but K92 is a notch or two in a higher category. 
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