King River Resources Ltd T.KRR.W

RE:RE:RE:ATTN: Karora shareholders

[Farquar]

I agree with you 100%...I have no problem if they withhold sales of some of their gold and wait another month or 2 to get a better price later.,especially in a roaring gold bull market..In fact they have been doing that for quite some time, already..The only problem is that there's the possibility that the central controllers might decide it's time to burst the stock market bubble, and they might deliberately take gold down with it , so you might have a scenario where gold is trading at let's say 2500$ but drops like a rock to say 1500$ because they paper bomb the comex..even if it's only a temporary thing...The market would punish this stock if they held too big of a gold hoard during a huge price drop...I think the better question is: should Karora even be hoarding cash in the future if all fiat currencies start depreciating rapidly ? If hyperinflation starts to kick in, Karora will need to transfer those dollars to hard assets as soon as possible, otherwise they will lose their shirts ..They are better off spending most of their cash before it becomes worthless or worth less...Once a new financial system is installed , then Karora will not have skipped a beat...