King River Resources Ltd T.KRR

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.

OTCPK:KRCLF - Post by User

King River Resources Ltd

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Post by Beabaggageon Nov 08, 2022 7:18pm

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Post# 35083849

KRR is near GoldFields St Ives

and our COO was the operator there..with GFI twarted in AUY takeout and getting $300mil fee for losing out from AUY, even tho KRR would not move the needle a lot for them, it is possible they take a look here as consolidating AUS ops w KRR would provide synegies, low cost etc. Or not, just speculation. But to me bolt on moves make more sense..but when did GFI ever do anything that makes sense.
Added considerable shares to my holdings at under $2US..nice to see gold move, possibly the recent double bottom around 1620 and push over prior support for 3 days now over 1675 sees accumulation and further gains. Happy to be long,takeout or not. Bea

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