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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals
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

King River Resources Ltd > The safest bet in all my 27 stocks portfolio
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Comment by sopoton Dec 16, 2020 9:23am
282 Views
Post# 32117430

RE:RE:The safest bet in all my 27 stocks portfolio

RE:RE:The safest bet in all my 27 stocks portfolioYes Pandora,......it is very safe investment at present time. The past is just a past - analyze present status and predict future. Everything is relative,....so Karora as a safe investment is vulnerable to POG, but at a steady POG its SP is already so depressed by manipulators that with any new positive PR and company's development there is only one direction for SP - UP!!
The only valid piece of puzzle to get Karora on its true value (at least 1bln or $6 per share) is securing resources and extending LOM for long period of time and strategic mining plan to build confidence among investors. Think about it - 120K a year at US$800 = $96mln (  CAN$120mln) profit every year.
160mln fully diluted shares outstanding  - around $0.75 EPS. With increased resources you could apply EPS ratio of 10,...maybe 15 ...any number you think should reflect realistic value of the company. I said yesterday: news is coming soon,....and we just got it.............more to come.
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Dealroom for high-potential pre-IPO opportunities