King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

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 > I suspect something

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Comment by horace5on Mar 21, 2022 12:24pm

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Post# 34531619

RE:I suspect something

As was concisely pointed out by @lbcot on CEO.CA - “KRR is not immune to a takeover attempt mainly because insider holdings are rather small and there doesn’t seem to be a solid group of major shareholders.” (Jan 8 2022)

https://ceo.ca/krr?203bde2a4945

This has been a worry of mine for a while now. If a takeover has to occur, of course, we would all wish for a bidding war. I would hope your $12-$15 guess would be the outcome.

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Investors eye Australian gold mining projects amid promising developments