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King River Resources Ltd T.KRR


Primary Symbol: KRCLF

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.


OTCPK:KRCLF - Post by User

Post by Badger7on Nov 25, 2020 2:36pm
825 Views
Post# 31971514

Buy with both hands - GLD + ETFs present a perfect storm

Buy with both hands - GLD + ETFs present a perfect storm GDX (ETF Traders in USA), are presenting an amazing opportunity here the past couple days. Gold GLD draw-downs plus GDX = perfect storm.

The ETF and GLD down - they are not sincere nor able to read the Earnings report for Karora, nor able to assess the amazing intercept (100m of surface) at Spargos - it has 12000m drill campaign, and only begun - hits almost 30g/t over 60 feet = simply unreal

Buy with both hands everybody and this stock will be $4.50 to $5 by spring, but probably more like $9 this time next year

If this was a tech stock or blockchain company with +0.24eps in just one Quarter , the stock would be $50 to $150/share

Astounding results, and please just realize that if you found a pot of gold - would you be shouting around to tell everyone, or be hiring security guards while you mortgage the house to buy up all the land that surrounds.

REALLY the best deal in the market today at $3.12

PE here is almost the same as the stock price
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