K92 Mining Inc (KNTNF)

[douginil]

K92 Mining: Judd Bulk Sample Strengthens The Investment Thesis

Nov. 24, 2020 12:17 PM ET |

[[ Thanks to Taylor Dart on Stockhouse ]]

Summary

- K92 Mining released results from its bulk sample on the Judd Vein this week, suggesting that the company could have a second high-grade ore source on its hands.

- The bulk sample showed positive reconciliation from estimates, with an average head grade of 6.50 grams per tonne gold-equivalent and similar recovery rates to Kora.

- While the stock remains a little expensive above US$5.40 as it's valued at above US$240.00/oz, the resource upside and organic growth potential justify K92's premium vs. peers.

- Based on its industry-leading organic growth potential as we look ahead to the Stage 3 Expansion at Kainantu, I believe any pullbacks below US$4.60 will provide low-risk buying opportunities.


https://seekingalpha.com/article/4391280-k92-mining-judd-adds-significant-resource-growth-potential?utm_medium=email&utm_source=seeking_alpha#alt2&mail_subject=kntnf-k92-mining-judd-bulk-sample-strengthens-the-investment-thesis&utm_campaign=rta-stock-article&utm_content=link-0