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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 > Gold Breakout
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Post by ErinBrockovich on Dec 02, 2023 7:36am

Gold Breakout

Gold’s is rallying sharply, with buyers eyeing all time high of $2081.82. It should be point out, there’s no additional resistance levels on its way, besides the $2060 and $2070 areas. Once those psychological levels are taken out, the ATH would be at reach. On the flip side, the first support is seen at the November 29 daily high at $2052.13, before opening the door slip to November’s 30 daily low at $2031.58.

 
Comment by goldstd69 on Dec 03, 2023 9:44pm
2100 is the key...two daily strong closes of gold above 2100 should send gold much higher....2500-3000 level....who knows what silver will do....all just my opinion please do your own work....blessings...what is gold telling us???????
Comment by Chatzkal on Dec 04, 2023 1:49pm
talk about the wind being taken out of you... 
Comment by cyber37 on Dec 04, 2023 2:26pm
All good; no reason for gold to go anywhere; $2000/oz is healthy & very profitable for outfits like KNT. IMHO high (over $2000/oz) gold prize only under-minds our ‘paper’ which may not be good for our economic instruments; one should look for balance in this relation. Yes; KNT will do fine, only wish they would show some incremental increases in production rather than keep promising this HUGE ...more  
Comment by Goldenhope on Dec 05, 2023 2:09am
very funny gold is gangbusters and K..NT ...forgot the U is going nowhere someones making money and it aint the shareholders locals are getting their environment an way of life destroyed  meanwhile its all very sunny in at the beach in WA
Comment by cyber37 on Dec 05, 2023 12:19pm
Locals are getting education (and judging from your writing you could use some too), jobs, new roads, community hall & on & on ……and on. The higher royalty payments to local government renegotiated in 2022 support all kind of developments and projects in the area. KNT works closely with local land owners on every move they make unlike some other multinational mining outfits in the past ...more  
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