K92 Mining Inc T.KNT

2020 revisited

[Retiredgeo]

KNT has sunk back to 2020 levels.  It's going to be quite the baragain when sentiment towards the miners improves.

[Dale327845]

K92 is an incredible bargain.  Most here will be familiar with the numbers, but anyway....  Towards the end of next year production should go up to around 300 thousand oz Au run rate.  At a very low cost of production.  Dreaming a little perhaps, but gold doesn't need to go up that much for the margin to go to $2,000 US per oz, over cash cost.  Or $800 million C per

[tuesdaynightrid]

Yes, no debt. In addition, I track the evening gold closing price on Kitco. The 3 month average 4th q 2022, 1st q 2023 and 2nd q 2023 are as follows. I also include the monthly average gold price withi quarter to highlight the volatility: 4th 2022= $1730 (1660, 1741, 1799) 1st 2023= $1881 (1901, 1840, 1919) 2nd 2023= $1975 ((1990, 1991, 1920) Note that there was a $94 average increase between

[Retiredgeo]

We are at the bottom of the mining cycle.  KNT isn't the only miner which is suffering.  When macro sentiment changes that will be time to buy.  In the meantime down $0.22 to $5.52.  I cannot pick a bottom on this stock.