K92 Mining $KNT.V $KNTNF Acquired Near Term Producing Gold Mine in Papua New Guinea From Barrick

• Report rights infringement
• published: 18 Jul 2016
• views: 1887

http://goldstocktrades.com/blog Ian Stalker is CEO of K92 Mining (KNT.V or KNTNF), a near term gold producer in Papua New Guinea. Ian has around four decades of mine development expertise successfully starting eight major mines. Ian became famous in the summer of 2007 when he sold his company UraMin to Areva for $2.5 Billion. Before starting junior companies, Ian was Vice President of Gold Fields, the fourth largest gold producer. Investors seem to be confident in his corporate leadership as he has raised more than $500 million to develop mining projects. Ian Stalker is now focused on K92 Mining (KNT.V or KNTNF) a new IPO which is restarting the Kainantu Gold Mine which they acquired from Barrick (ABX), the world's largest publicly traded gold producer, at a major discount to what Barrick originally paid. Barrick mined the property in Papua New Guinea from 2006-2009. Papua New Guinea is a democracy and is known as the land of large mines. Mining is vital to the local economy and major companies have operated large mines successfully including Barrick, Newcrest and Harmony. "I think the Kainantu project is one of the most prospective in Papua New Guinea. The strength of the structures and veins are most impressive. And they contain significant high grade gold!" – ALEX DAVIDSON, K92 Mining Advisor & Former Executive Vice President Barrick Gold Corporation Disclosure: Jeb Handwerger owns K92 Mining and the company is a website sponsor. Owning securities and receiving compensation is a conflict of interest as I could personally benefit from a price/volume increase. Please do your own due diligence as this is not financial advice! See my full disclosure by clicking on the following link: http://goldstocktrades.com/blog/featured-companies-on-gold-stock-trades/ Investing in stocks is risky and could result in losing money. Buyer Beware! Section 17(b) provides that: “It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication, which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.” I am biased towards my sponsors (Featured Companies) and get paid in either cash or securities for an advertising sponsorship. I own shares in all sponsored companies. You must do your own due diligence and realize that small cap stocks is an extremely high risk area. Please do your own due diligence!