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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 Symbioticon Jun 24, 2022 4:41am
277 Views
Post# 34779402

To be considered

To be consideredI mentioned before why gold stocks etc may not get their deserved run. If they can't lock down on the premise of a virus they can on the premise of a fuel shortage. Diesel shipment cuts, Diesel engine oil unavailability(only two additive package producers in the world), diesel DEF fluid( concern for modern emission diesels). This would shut down the entire supply chain. May rationalize supplies to essential services/ functions such as farming/ food production etc. Mining could easily be declared non esential(they would love that on PM's). Various videos such as ,Atlas shrugged/ massive diesel shipment cuts, on YouTube, Natural news, has one as do others. Also search ,Diesel engine oil shortage. That would effect mining stocks and even PM's miners, regardless of what PM's do. So having stocks even with great reserves would mean little if they cannot mine. A pandemic lockdown can be challenged but a no energy lockdown is a bit harder to argue with. Just some considerations.
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