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King River Resources Ltd T.KRR.W


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 GreenGeckoon Dec 16, 2020 8:05am
363 Views
Post# 32116871

First time commenter, long time shareholder

First time commenter, long time shareholderHey all
Congratulations on this morning's great news.  I'm part of an investment group out of Miami Fla, more of a club that meets thrice weekly.  Two of our members are ex-pat Quebeckers that are heavily into resource investments.  Karora was one that they really felt good about, and those of us who bought shares are very happy that we did.  I believe that five of us hold shares.  
Huet and Co have quietly assembled a quality package of deposits at a deep discount to what will be realized in terms of profit.  Opportunities like this don't always present themselves in a bull market, especially in Australia.
In this business, it is reassuring to hold a stock whereby they may never again need to go, hat in hand, to the market to raise cash.
Merry Christmas to all.  

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