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Replies to post #2428 on K92 Mining Inc (KNTNF)

Replies to #2428 on K92 Mining Inc (KNTNF)
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Golden Oak

08/20/19 5:46 PM

#2429 RE: Mason07 #2428

From Medilek
Thanks for reaching out. As you may have seen we responded to the trading activity this morning - https://www.k92mining.com/2019/08/k92-mining-inc-provides-an-update-on-trading-activity/

As a sanity check, I think it is very important to look at Senior Producer NewCrest, who's Project Net Asset Value is ~1/3rd in PNG (based on equity research analyst estimates), and has been trading in-line with peers the last couple days, down only -0.8% yesterday. If the Reuters article was actually material the NewCrest's stock would have been down significantly more.