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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

Comment by Farquaron Sep 10, 2022 7:27pm
178 Views
Post# 34954619

RE:Enjoy your posts Farquar

RE:Enjoy your posts Farquar
goldstd69 wrote: informed, thoughtful posts...rare on Stockhouse


Thanks....I am just trying to bring to light what we got here...It's not all doom and gloom, although the shorts would love us to think so ... Everything is all coming together .....if the price of gold co-operates and goes much higher , this stock can shock people as to how high it will go...2023 guidance calls for 150k -170k gold production which is 37,500 ounces to 42,500 ounces of production per quarter...If krr produces 37,500 ounces in Q3 or Q4 , they will instill great confidence in their ability to produce at least 150,000 ounces in 2023...But with the second ramp being finished by say March 2023, we are talking about another whopping 300,000 tons of gold ore being fed into the mills each subsequent quarter at probably a net grade of 2.5 g/t..Do you know how much more gold production that is? We are talking about 24,200 extra gold ounces produced or almost another 99,000 ounces in a year above and beyond the 150,000 pre ramp#2 gold ounces already being produced... Anyway if Krr ends up producing that magical 37.5k gold in Q3 or Q4 , we should see a huge pop in the share price...Once the second ramp is completed , we will see another big pop in the share price....All this is in the immediate future not years away....
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