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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 sledigon Oct 14, 2021 2:49pm
165 Views
Post# 34006382

RE:RE:RE:Krr share price 4.12 ..9:53 AM Toronto time

RE:RE:RE:Krr share price 4.12 ..9:53 AM Toronto timeKRR poor performance has occurred in the whole gold space. Especially the explorers . So yes it's finally good to get some love Maybe the tide has changed. quote=Farquar]
materialsgirl wrote: Farquar;

I have been puzzled for months about the reason for lagging.
It has been making promises of great performance 
and then Quarter after Quarter it overdelivers in production 
(just slightly) and then it has been finding more and more 
nickel and gold.
Six months ago all analysts were predicting $6 or more 
within a year.

We may yet hit $6 by PDAC 2022.  I hope so.
We will need $1,800 gold on top of growing production.
We will then be on the verge of having $100m in cash 
and no net debt and 200,000 annual production.

I have doubled down and then tripled down at $3.60 on the 
way down.   It has been painful. 

mat


It's been very painful to see the stock do so poorly in the past few months but maybe now, Krr is starting a new trajectory or a new trend, where we will see it not only outperform , but perhaps reach overvaluedness....Congratulations for being patient .. If gold can break out and start approaching 2000$ and higher, this stock will skyrocket and will make alot of people who invested early, look like geniuses...[/quote]

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