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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 > Nov., 14 Press Release....
View:
Post by cyber37 on Nov 14, 2023 2:03pm

Nov., 14 Press Release....

Todays’ press release is informative; it shows company can do it if they apply themselves - kudos to IR. Well; what I get out of it is that costs specifically AISC are up….production (gold) is down significantly & ore grades are down …..again significantly. Yes, at the stage of development that KNT is in it would dictate that this is normal but again it has been FIVE good years of promises of bigger & better times. It is beginning to sound more & more like ‘kicking can down the road’.
Shares are moving up (recovering) today so it appears that market likes this news & I can’t wait to see if today’s webcast will also fuel this recovery. Will John Lewins be a farther inspiration and add to recovery?  
G37      
Comment by goldstd69 on Nov 14, 2023 2:38pm
I see years end production at the upper end of predictions if not higher..costs coming down next year...exploration results coming...funding exploration and production on the sales of gold therefore no need of share dilution....looks very good to me....I continue to add on corrections...jmho
Comment by cyber37 on Nov 15, 2023 1:08pm
Gold….69; I’m in KNT for the same reasons as per your post & since KNT is by far the largest holding in my little portfolio I will stick with it. It would however be more comforting if company was able to generate more positive sentiment. Stock is lingering below moving averages, often below lower end of Bollinger band & has low RSI. Yes that are just technical parameters that may be ...more  
Comment by goldstd69 on Nov 16, 2023 12:23pm
gotch ya
Comment by 4CommonSense on Nov 15, 2023 11:01am
lol-- reaaly - are you sure 
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