K92 Mining Inc (KNTNF)

[ThSeeker]

How much is in ground gold worth for a buy out by a major?

Like some opinions from you guys on that question.


For K92 since already in production I'd like to hope for at least
$90 OZ.


reference:
https://www.k92mining.com/wp-content/uploads/2019/02/k92-pdac-march-2019-long.pdf

If they reach their goal to increase in ground oz to 5 million by end of 2019. Then using $90 /oz in ground value in buyout
would value our shares
$2.10 / share = ($90 x 5 million oz) / 214 million shares

I hope K92 will hold out on any buyouts till they increase their resources. I hope they don't sell out. They are worth more for production and resources than a buyout will likely provide.