Bullboard - Stock Discussion Forum K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

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

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TSX:KNT - Post Discussion

K92 Mining Inc > Rate worries….

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Post by cyber37 on Aug 30, 2022 10:41am

Rate worries….

….is one thing but $50 million grab is the main culprit in this cave in. Time to ‘pay the piper’ even though those Proxy advisers are still in town.
Mr. Lewins; it would be nice to know more specifically what are you going to do with this money that costs over $200 million in market cap and still counting down.
G37

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Comment by cyber37 on Sep 02, 2022 1:29pm

Sell in May in September and go away …..or at least until this ‘bear rally’ shows signs of ending. Well IMHO this is just a bunch of BS. Yes, interest rates are poised to rise so treasuries will yield higher BUT all this is just paper and gold (even if goes to $1600 or lower – no matter) is still the only alternative to weathering out this turbulence. Low cost producers like KNT can easily ...more

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