Peter ImhofK92 Mining IncKNT.TOTOP PICKJan 31, 2020

Our PAST TOP PICK with KNT has triggered its stop at $25.  To remain disciplined, we recommend covering the position at this time.  We combined with previous guidance, this will result in a net investment gain of 35%.

On the back of an abrupt pullback in gold prices, we reiterate KNT as a TOP PICK.  Recently reported earnings showed record cash reserves, revenue increases of 47% and record production rates.  We continue to recommend a stop at $25, looking to achieve $36 — upside potential over 18%. Yield 0%

We reiterate KNT as a TOP PICK.  This miner with interests in Papua New Guinea expects gold production to increase at least 9% in 2026.  It trades at 20x earnings and boasts a 45% ROE.  We're watching debt increases closely, but cash flow remains firm.  We recommend trailing up the stop (from $22) to $25, looking to achieve $34 -- upside potential of 23%.  Yield 0%

Our PAST TOP PICK with KNT is progressing well.  To remain disciplined, we recommend trailing up the stop (from $17.50) to $22.00 at this time.  

Our PAST TOP PICK with KNT has achieved its objective at $23.  To remain disciplined, we recommend covering half the position at this time and maintaining a stop at $17.50.  

Our PAST TOP PICK with KNT is progressing well.  To remain disciplined, we recommend trailing up the stop (from $16.00) to $17.50 at this time.  

As the Papua New Guinea gold producer inaugurates a major plant processing expansion, we reiterate KNT as a TOP PICK.  It trades at 14x earnings and supports an impressive 44% ROE.  We recommend trailing up the stop (from $13.50) to $16.00, looking to achieve $23.00 -- upside potential of 27%.  Yield 0% 

We reiterate this gold producer with holdings in Papua New Guinea as a TOP PICK.  It trades at 15x earnings and supports a ROE of 39%.  Cash reserves are growing aggressively.  We recommend maintaining the stop at $13.50, looking to achieve $18.00 -- upside potential of 21%.  Yield 0%

Our PAST TOP PICK with KNT has reached its target at $16.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $9.50) to $13.50.  

KNT has been producing gold in Papua New Guinea since 2018 and recently reported a 71% increase in Q1 production, just as gold hits all-time high prices.  Cash flow is so strong, they are able to build reserves while aggressively deploying capital on project expansions.  It trades at 20x earnings and supports a ROE of 26%.  We recommend setting a stop-loss at $9.50, looking to achieve $16.00 -- upside potential of 30%.  Yield 0%