A gold miner chart that reminds me of LEO.
This is a chart of my favorite gold mining and exploration company.
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K92 (KNTNF) is just like Leo Finance, they both have a clear vision and always execute them in a timely matter.
10 baggers don't come very often, so when they do you have to HODL or you miss out on all of the huge gains that can also follow. I've learned that I'm no good at short term trading like @forexbrokr, so I just do what I'm good at.
I find winners that take years to get the traction they deserve. This stock has an amazing story just like our Leo. This gold mine was not big enough at the time for Barrick or profitable, so it was sold to K92.
Barrick sold this during the most brutal part of the gold bear market to raise cash.
The people that bought this project already worked on it and knew it's potential. They not only are producing gold now but have a world-class exploration team going from one drill rig to now 12!
In their last press release, they announced that the exploration team hit 84 grams per ton gold eq, that is huge!
K92 Mining to Receive the Prestigious Thayer Lindsley Award for Best Global Discovery
The award recognizes an individual or team of explorers credited with a recent significant mineral discovery globally and will be presented to the K92 Team during the annual PDAC Convention on March 9, 2021.
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This stock always recovers from any sell off with stronger hands gobbling it up just like Leo!
It is hard to believe I picked up thousands of shares at 55 cents a share just a few short years ago. The same goes for Leo, I'm so glad I saw its potential and held and accumulated so much before it got too popular.
This is not investment advice, please do your own DD!
@mariosfame @krunkypuram
Thank you for reading my blog and have a great day!
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That is actually a great success story on their part and yours. 84g per ton is big as normally 5 or 6 grams is seen as profitable. There is no reason why the upward trend won't continue and you are sitting rather pretty.
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I'm so stoked about how this story is unfolding, just like Leo.
I have another one that is looking rather interesting that I got at the same time. It's still at 30 cents but has huge prospects and has a proven (battle-tested) leadership team that always wins.
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You're right, Forex trading is not for everyone, but choosing winners and wait years to get something is not an easy job either. It may happen or not and one day you wake up rich, or just to realize you've wasted years for nothing.
See? That's what I'm talking about! I'm glad you knew or suspected which one to choose. Congrats :)
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Thanks, watching my peers buy new cars and things they couldn't afford helped me put my cash in better places. It's hard being patient sometimes.
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Excellent point. Unfortunately that's the new trend, have bigger, better, more than your neighbors, friends, even if you can't afford it. They will learn from their mistakes though.
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so you seem to be talented at discovering long term type of investment, seeing their potential at their first steps!
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Yes, I do have a knack for that, now that I have learned from my mistakes. I can be more confident that I picked a good project and am not afraid to jump in with both feet!
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hahaha and when you do make a little post and let me know :P I may now have money to invest now but when i do, i will follow your knack :P
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Awesome to read of a Successful gold miner!😀 Many are still struggling...
It's great, they don't have debt and fund exploration from the mining earnings. Cheers!
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