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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

Post by Farquaron Jun 03, 2022 10:27am
293 Views
Post# 34729469

Who might make a takeover offer for Krr

Who might make a takeover offer for KrrThere are 2 big major gold companies right next to Krr... Goldfields to the east and Norrhern Star to the north.. If anyone is going to go after Krr, it will be those two..However if Krr makes a monster discovery in the coming months, then you will likely have 6 or 7 majors making serious offers. .. There are 2 other close neighbours that Krr could merge with in the meantime: Mincor on their western side or Silver Lake on their eastern flank.. Mincor has a huge high grade nickel resource and Silver Lake is a cashed up intermediate gold producer...Incidentally, Silver Lake owns a 2% royalty on the Lakeview mill... There is a small cap gold company ,market cap 40 million$ cdn ( about 45kms north of Spargos) called Focus Minerals which has one 1.3 mt/yr mill that they are trying to get up and running by early 2023..This is a potential takeover for Krr , later on...
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