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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

Comment by stazon May 20, 2021 11:22pm
278 Views
Post# 33246154

RE:RE:RE:RE:ATTN: Karora shareholders

RE:RE:RE:RE:ATTN: Karora shareholders

You, guys , can debate this subject as long as you want. My view on this thing is if you withold part of your production and don't sell it you will make your Q report less attractive. And that's nobody wants to happen. Say, you digged 25 000 oz in a Q but you sold 12,500. I use hypothetical numbers just to convey the idea. Everything falls, P/E ratio, all parameters. Storing some part of gold in some "safe place" sounds great when a shareholder offers this. If CEO starts hoarding some bullion in some safe place what do you think investors will start to think about it. As I said before, the company is involved in production, not games, not speculation. And that's why I placed my bets on it. I am speculating.Not them.

By the way, KRR did very well today. Many of my other gold miners either stayed neutral or even went down. On the risen gold. F... what ever this site will allow me to express. Karora makes big moves on a big volume recently. Very promising . It's not a Dogecoin, we'll not hit $6.50 overnight. Sorry, Mat. But your spirit is encouraging. And the fundamentals support that. But , once again, KRR did much better today, big volume, big percentage move. Yeah,  what is it?
 

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