Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

Metals & Mining Gold
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 > Some perspective on Dumont sale
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by limecokeon Aug 13, 2021 5:52pm
193 Views
Post# 33704933

RE:RE:RE:Some perspective on Dumont sale

RE:RE:RE:Some perspective on Dumont saleWell......the potential additional 9 years of mine life is based on the inferred resources, which really can't be used in valuation. Even if you include the inferred resources of Eagle's nest, Dumont's measured+indicated resources has about 15 times the size of nickel content that Noront has. They simply aren't the same tier of deposits. Eagle's nest is in essence a nickel deposit. There is a bit of gold and copper, palladium, etc. but not really that significant.

Eagle's nest is the only meaningful deposit that Noront has. Everything else is too early in the exploration stage to be developed. If anything, BHP's offer for Noront is validating the asking price of Dumont.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities