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Opinions Michael Smedley
K92 Mining IncKNT.TOHOLDMay 26, 2017
$0.98
Stock price when the opinion was issued
$23.45
As of Jun 19, 2026. Market Open.
Mining
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WEAK BUY
Doesn't own because of he doesn't understand the geopolitics in Papua New Guinea. This is why he prefers investing in North America whose geopolitics he does understand. Otherwise the company looks good: properties, production, metals in the ground. He has a $12.50 target and his company has this as a buy.
Mining
PAST TOP PICK
(A Top Pick Aug 09/19, Up 231%) A market darling centering around a gold operation in Papua New Guinea. The gold tailwind hasn't hurt. KNT was already gaining investor attention before this gold rally. He sees more upside here, so he's holding onto this. Also, this could be taken out down the line.
Bruce Campbell (2)Owned
Mining
BUY
The performance of the stock amazes him. They have a big discovery project right now. The numbers from their drilling program is good. There is geopolitical risk since it is in Papua New Guinea. The stock is doing well and he is unsure if he wants to chase it. (Analysts’ price target is $5.00)
Mining
BUY
The stock has done phenomenally well. It is the darling of the market. As they build out their mine, the market has become more comfortable with the jurisdiction.
Bruce Campbell (2)Owned
Mining
TOP PICK
The fundamentals appears stronger than what the share price shows, he thinks. Their production has grown from 42,000 oz to over 80,000 oz this year. They have projections to over 120,000 oz next year. The only company producing higher grade gold is Kirkland Lake. He expects it will be added to the GDX index. This could be the gold story for 2020. Yield 0% (Analysts’ price target is $4.50)
Peter ImhofOwned
Mining
TOP PICK
Operations in Papua New Guinea where they continue to have exploration success. They could have great success and be taken out by a major player.
Bruce Campbell (2)Owned
Mining
COMMENT
A high-grade deposit in Papua New Guinea. The land package is great and the exploration potential is really good, but what they are doing is mining narrow high grade veins. The previous company was not able to do this. Until they can show they can make money mining those veins, it’s not something he would be interested in. There are a lot of promoters pushing things, and you want to be careful.
Mining
They would like to build a gold mine in Papua New Guinea. He believes in this. It is an extremely interesting asset.