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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 > Powell sneezes.......
View:
Post by cyber37 on Nov 30, 2021 3:01pm

Powell sneezes.......

J Powell sneezes & markets jump……incredible how speculative these markets are!
 
“US stocks extended earlier losses on Tuesday following 
new comments from Jerome Powell. The Fed Chair mulled an earlier-than-expected end to bond tapering, and also remarked that inflation can no longer be considered "transitory."  

There is just too much capital sitting on the sidelines that is being used for a short term gains by exploiting a ‘grass fire trends’ set by politics and social turbulence. This is not new, but the scale and frequency is & it is huge. Instead of being invested in economic, tangible and long term growth this idle capital is parasitic/exploitive in nature & IMHO has rather negligible positive...if any impact on the economy.

At noon KNT was down 1.84% and TSX 1.82%; for no good reason this company is following the market despite the fact that is doing well. Ignorant investors create this disconnect.
G37     
Comment by Ogopogo007 on Dec 05, 2021 10:46am
Three are no markets anymore...just Fed manipulation and people are playing that Front running via options or chasing via talking heads on TV I still like co's that drill up $2B of gold that was under the previous owners feet