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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

Comment by Badger7on Nov 25, 2020 2:53pm
228 Views
Post# 31971668

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:will KRR decides to mine the richest ore at Spargos, first?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:will KRR decides to mine the richest ore at Spargos, first?know what you own - sell to those who have stronger hands

the market is full of lemmings

know what you own

but more here with both hands

look at technicals - 5yr chart supported by 50mda line around here, look at 1yr view and we are between the 100mda line & 200mda line = unreal in terms of over-sold, and never though could ever see this price again (especially not with that eanrings report + new high grade intercepts at Spargos)
 
KRR is now cheaper than it was in June & July on fundamental basis based on the cash flow & earnings
 
Technically oversold

buy low and hold for a big run up to double digits into 2021 
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