2 days ago krr was 5.60/share with Q2 ave. gold price 2008$The last 2 trading days of gold finishing at 2031$ yesterday and gold closing at around 2016$ today has actually INCREASED the gold price average to 2009$ !! for Q2 yet KRR has been hammered down to 5.02$ from 5.60$
There is absolutely no sensible reason whatsoever for Krr to be beaten down so violently the last 2 days, unless of course there is collusion at the TSX to paint a picture, so to speak..
On monday we are going to see Krr's first quarter financials and we will be able to know a lot more as to what the rest of 2023 should look like in terms of free cash flow, profits etc.
Q1 average gold price was 1890$....Q2 gold ave. = 2009$ so far after 29 trading days...
Future is looking very promising..