King River Resources Ltd T.KRR.W

RE:Canada’s junior miners are loving the price spike

[materialsgirl]

Price spikes do not help junior miners.
The exception would occur if a junior 
raised a huge capital amount in the 
small window of the peak.
Serious investors do not respond to 
"steeple" type short spikes.

In the case of nickel we have two forces in play;

** a steeple like spike brough about solely by a disorderly market
   Chaos reigns 
** a general rise in the price based on supply and demand.
   There is a real expectation that demand will grow steadily 
   over the next year, next decade or two due to ballooning 
   sales of Electric Vehicles and other demand sources.

The latter force os a powerful help for small nickel ore bodies
The steeple spike is useless

mat