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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 Sep 25, 2022 7:14pm
259 Views
Post# 34985430

Short the gold stocks?

Short the gold stocks? Is this the best time to short the gold stocks? The GDXJ hit a peak of about 172$ in December 2010 and this past week it closed at 27$...This is almost a 85% drop in the past 12 years ! Why would you short gold stocks now? Yes, the gold stocks can go down even further but there is a ceiling on how much money you can theoretically can make adopting this strategy.. Wouldn't it be better to short some Dow stocks or Nasdaq stocks who are at all-time dizzyingly high valuations? You got a couple of degenerates on Cesspool.ca ( ceo.ca) abusing the longs there .. These a---oles are obviously short Krr and need to create a selling panic in order for them to personally benefit from Krr's share price dropping even more than it already has...They need the longs to capitulate...Optionseller is everybody's buddy now...If Optionseller and other oily degenerates like Arthur care so much about fellow krr investors why weren't they banging the table to short Krr when it was 7.55$/share? You know , the old "sell high/buy low" routine? .. No they wait till the share price is driven down 65% and then verbally abuse krr shareholders for being bag-holders and they recommend to do the absolute worst thing which is to sell low instead of selling high...Why are ceo.ca people putting up with these snakes? Can gold stocks go down further? Yes, because we have absolute cheaters that we are dealing with, but at some point the risk/reward situation will become skewed in favour of going long the gold stocks instead of going bearish the gold stocks.. The bottom might be in already for the gold stocks...Who knows? You look at a stock like Newmont NEM and it was trading at 46$ back in oct 2009 when gold just reached it's new all-time high of 1049$/ounce...This past week it closed at 41$ and gold is at 1640$/ounce....Something is definitely wrong here with the gold sector and all those experts who say to not invest in gold or gold stocks even though inflation has never been this high in the history of America...In fact the infaltion rate is double than what it was back in 1980 because they are lying about the true inflation numbers...There is no way the Fed is ever going to raise rates to 20% like they did in 1980 because all bankers would be hanging on nooses from all the trees in every neighbourhood...That old a-ole Dohmen thinks the Fed is going to raise rates to 19% because inflation is going to go up to 19% but he says to short the gold stocks!!..Dohmen likes gold but won't touch it because he believes it is manipulated lower but doesn't qualify that if inflation hits 19% in America , it really means that the true inflation numbers would be closer to 40%...Or in other words, that the US dollar will have lost 40% of it's purchasing power just in the previous months but don't invest in gold..but these old time greedy, cowardly , un-patriotic ba-'-ards won't invest in gold and insist on shorting gold stocks.. This world is completely morally bankrupt...The smart money knows gold is manipulated but they do nothing about it.. Real cowards...
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