K92 Mining Inc T.KNT

K92 Mining Announces Latest Drilling Results

[Betteryear2]

VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Northern Deeps targets at the Kainantu Gold Mine in Papua New Guinea.

K92 Mining Announces Latest Drilling Results Extending (globenewswire.com)

[cyber37]

So, I’m reading this announcement: This ABC company is pleased to report outstanding copper-gold assay results for diamond drillhole …so & so…. recently completed at the Company's project in San Juan Province, Argentina. 448 m @ 0.42% Cu, 0.46 g/t Au, 2.44 g/t Ag (from 214m) …and can’t help thinking of similar news release from KNT: Kora South new dilatant zone intercepts

[ElJ]

Cyber37,                   My respectful suggestion here is to try to offer assistance when you search for understanding in the context of your observation: "So if ABC company (0.46 g/t Gold) is called outstanding, what can be said about results from KNT ( 27.03 g/t Gold) ?  .... difference (in your words) is just monumental"  

[4CommonSense]

The recent drilling rsults/grades are VERY impressive -- VERY impressive -- by any standard for a gold property but it was aleways obvious the ore body was high grade. Again, these results simply confirm the obvious (If they a had a bit more copper the results would be great even bertter)   This stock is undervalued-- big time - it should trade in the $10-12/s range.  A take

[4CommonSense]

My model suggests that at this point -- and taking into account stage 3 in 2025, and future increases in AU production to around 250, 000 oz in 3-4 years - a reasonable price would  be  $9.65/s today. It appears to be moving towards this. The likilhood of a take over also increases over the next 1-2 years with a likely take over price of $13-$15/s  

[GoldInsect777]

You're hilarious. It should be $20 right now. 

[ElJ]

GoldInsect777,                           When you post that  "It should be $20 right now",  can you help us please by outlining the basis that you use to back-up such indication? With the frequently used indicator Net Earnings of $3.067 Million in Q1, 2024 and  $33.2 Million for full year 2023, which

[GoldInsect777]

EIJ Great Bear Resources was bought out for well over $1.5 billion in cash and shares by Kinross- just about KNTs current market cap. That's a resource that won't be mined for at least 5+ years and probably hundreds of millions in starting capital.  KNT is on course to be a tier one mine in three years all on it's own dime, which is to say nothing of the synergies and

[cyber37]

EIJ; 

[cyber37]

EIJ......I also believe that KNT is an anomaly when comes to ‘traditional’ evaluation metrics of what would potential TO price be. This is also why the share price is at some premium to present production BUT it is that future potential that to me justifies that premium. As long as company is showing progress & stays on course to that 300k ….or 450k oz I’m staying on board….with only one or

[4CommonSense]

Glad your having fun -- $20/s at this point is a no-go .-- dreaming!!!  .. maybe when Phase 3 is running and they are close to 250,0000 -300,000 oz/year. i.e. a take over price of $20/s might be possible in 2-3 years but it will be talken over before then at $14-15/s.Your $20 'guess' at this point in time is hopefull wishing and/or an attempt to pump the stock. By the way the