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anonymous @Cat-.-Food I'm at the same price point but with the entire market down, very little I can sell today to add to $knt instead
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@Cat-.-Food well i am sure gold and even more so silver are on the way down....
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@Cat-.-Food so maybe wait a bit longer....i remember around xmas this dropped into the .75 range
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@Cat-.-Food I didnt have any float to double down then.....i can now....but think i should wait a little longer
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@Excelsior $KNT $KNTNF K92 Mining #VIDEO interview with CEO Ian Stalker Cambridge House – Feb 15, 2017 #Gold #Development #Production https://www.youtube.com/watch?v=jsCT4R_La2U+
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@Underdog The fact that we no longer have an idea what Yu and his crooked Cartesian are doing makes me want to stay away from a double down.$knt
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@Cat-.-Food well a double down will avg me down to about $1.00.....then i can get the #*^$ out!
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@Cat-.-Food i totally feel stuck here....left holding a bag i dont want
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@Cat-.-Food i am sure this is coming back down to .70's
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anonymous Send an email to their IR guy asking for commentary on the share price drop and/or pending news.
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anonymous IR can't comment on pending news, that's selective disclosure. S/p reflects supply/demand and gold price and fundamentals. KNT aside, the sector is taking a hit.
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anonymous Our cash position was around 4.5million in January if I heard that correctly from the presentation in Vancouver. We may see those 50cent warrants get exercised in the near future. The cash is needed until we reach commercial production, but that will put on some more selling pressure.
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anonymous Any chance someone has level 2 of KNT? Just from a technical trade perspective it seems to have potential.
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@MadeOfRubber @Rumi Thank you, no idea why it posted as anon seems to do that all the time. I just added 5000 units to lower my average quite a bit.
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@Rumi good call! np :)
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@Cat-.-Food i am torn between take a big hit on (43% loss) on $knt and adding another
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@Rumi I'm looking to add more today soon as I can free it up elsewhere.
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@MadeOfRubber Me too.. I should have waited a day
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anonymous $KNT K92 Mining Inc. has arranged a non-brokered private placement to raise up to $10-million through the issuance of 13,333,333 units of the company at a price of 75 cents per unit
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@DJS 12% under market ($0.75) with a full warrant at $1.00. Strong projects don't need to even consider such significant dilution in the current market, so this is either lazy / self-serving management or a bit of an indictment of the project by the market. Since the financing is non-brokered, IMO it's likely the former.
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@D-Dubs I knew we needed the cash but under market and a 1buck warrant. Wow. Tomorrow is going to hurt. Things must be going real slow.
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@dutch to late to sell
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@dutch Cartesian sold on time.
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@MadeOfRubber I wouldn't sell anyway since I am so underwater. Actually this gives me more of a chance to lower my cost so that in the right amount of time with this gold rally I can blow it all out.
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@MadeOfRubber Suffice it to say I am so glad that all my trades now have stop losses - lol. I
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@Cat-.-Food bag holders like myself are about to get their hands cut off
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@Cat-.-Food I am going to take my losses and go...
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@Cat-.-Food i almost doubled down so many times....glad I didn't...
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@Poker Really dissatisfied with this pp and its conditions
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@Poker You get a feeling of being a tier2 investor in this while others get to realize a free lunch.
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@Cat-.-Food there are better stocks right now to get some $ back...pkk and mos...IMHO..i am taking a 50% loss here and putting the rest into one of these 2 picks
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@Cat-.-Food i am officially out....47% loss, sold @ .83...good luck all...hope you make it out with min losses!
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@DJS Feel for you @Cat-.-Food. I think this is a better project than most -- the rocks / locals / market are a bit of a complex mix but they're not the issue here. The issue is management. Yet another reminder for all of us to concentrate on only the best management teams. $KNT
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@DJS @bslusarchuk Any comments in light of these highly dilutive financing terms which many feel seriously screw your current retail investors, and the reaction of those of us who have posted above (which I would suggest is likely an accurate representation of the reaction across most of your retail base)? $KNT
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anonymous Tookie but they have tookie! I'm done with this garbage as soon as I've found my next speculative play to roll the remains into.. I have been considering an entry into ceapro. At least they run a profit
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@Rumi Still holding my position and looking to fill up some more tomorrow at these prices. Wonder what news release comes after one like this? I certainly don't expect a bad one
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@D-Dubs New presentation on company website.
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anonymous so Cartesian still has 9,5kk shares in this?
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@Mr.Smokey Came back from a vacation a few days ago. Management of $knt really is disappointing. Still no presentation on the website (even though you can find them on youtube). Still no link to current PEA (you get the PEA from 2015 on their website!). Amatuerish announcements that have to be revoked few days later. Recent financing is disappointing. Production numbers seem to be ok-ish, but we are missing cash costs! So there is hardly anything positive to see here recently - except that possibly all of this might -by now- be baked into the share price?? It held up fairly well the last two days, despite the financing, imo.
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@Mr.Smokey Oops, there IS a presentation now. Good to see some reaction.
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@Cat-.-Food this is going back down into the .70's not sure how low, but it is definitely going down....IMHO....there was so much hype/pump about this last year....and then.....nothing....i got in @ 1.90 averaged down to 1.60...and sold at .83....big loss....but have already made back 20% since I sold last week.....I am just sharing my story....not bashing...I seriously wish you all the best of luck!
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@Stealinator someone remind me again....I can not seem to recall their mine life or resource size...KNT
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@Mr.Smokey I bought a small speculative starter position of $knt last week. Buy low, sell high... To me, it seems that the sentiment toward this stock is at an all-time low now. At the same time, the stock price held up relatively well dispite the financing, imo. Both may indicate a bottom - no more sellers at these prices? If this hypothesis gets supported by the chart or (god beware) news release over the coming weeks/months, I will get some more. Will exit at around .55 to .50
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@Brendan @lukejackson I don't think it's going to happen, but it is really an interesting idea! pick 3 or 4 of the premier developers... it's subjective of course, but say $sbb $cnl $gsv $knt sure that's a good start for a pan American development project "cartel" . merge, hostilely if necessary. then you know theres a pretty good chance that the majors are going to have to come to you at some point in the next 5 years, and not from a position of bargaining strength
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@Brendan all right so we'll stick with $sbb $cnl $knt $gsv ... if you have the capital, I can start with the paperwork...
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anonymous i should have bough $mux
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