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.

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King River Resources Ltd > will add if it stays weak

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Comment by materialsgirlon Nov 27, 2021 12:23pm

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Post# 34172211

RE:RE:will add if it stays weak

Takeovers at a premium in the gold space are rare in recent years.
The reason is that 90% of takeovers at a premium in the 2010-2016
era went bad, sometimes really bad. Barrick was a big offender but
many others misjudged the market too.

If a big company, (1 million+ producer) takes us out then we would get
a healthy premium. No point in chattering about a merger of equals.

But first let us get to 200,000 production and a giant increase in gold
and nickel resources.

mat

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