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 > A Fibonacci Retrace for Gold hit - and now bouncing higher

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Comment by cleareyeon Sep 26, 2022 6:26pm

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Post# 34987954

RE:RE:A Fibonacci Retrace for Gold hit - and now bouncing higher

It's all in the bounce.

I thought I'd post it early so that we can all enjoy the bounce and ensuing lift-off to the heavens, if it happens.

I have also been following the Ratio of the Australian to Canadian Dollar. I wonder if that will play into the price of the stock. I've been teasing my mind with what that ratio might mean. Any thoughts?

And then there's the ratio of the (Canadian & Australian dollar) to the US dollar. Another brain tease.

I am really going to enjoy this ride if the price of gold has bottomed out at $1629 US. And, why not!!
\
cleareye.

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