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 > Interest rate raised by .75% - biggest increase since 1994

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Comment by diggin78on Jun 15, 2022 4:25pm

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Post# 34759378

RE:Interest rate raised by .75% - biggest increase since 1994

What they really mean but will not say is "whether they are willing to make an honest attempt at tamping down inflation"
They'll try to thread the needle, which will lead to years of vacillating between deep recession and runaway inflation (as if that hasn't already occurred). In that type of climate, many will lose faith in the dollar and the economy, leading to the resugence of precious metals.
This is not a scenario we should wish upon one another, but it is one we should be prepared for.
GLTA

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