King River Resources Ltd T.KRR.W

Krr price will hit $5.50-$6.00 if gold goes up in next weeks

[Farquar]

Low hanging krr fruit is all prices under  5.50$/share...The market is in the process of correcting the overdone downdraft of all gold companies share prices in the past few months but Krr will also benefit from the fact that it has grown significantly in the meantime and is closer to a 200,000 ounce producer than a 100,000 ounce producer..But the important distinction is that their AISC is still in the 1000$/ounce vicinity...This in itself should garner a premium on the share price..

Another very significant aspect to a re-rate of Krr's market cap, is the fact that Krr will be a 2000 tonne nickel producer starting one year from now.....So how much would a stand -alone nickel junior be worth if it is producing 2000 tonnes of nickel per year ( $25,000,000.00 US profit) and has reserves of 33,000 tonnes and counting? Maybe a nickel company with those circumstances , with it's great potential to find 10's of thousands of more high grade nickel could be worth at least $ 200,000,000.00 cdn? 

So, time is running out on the bears here...Krr is already a 155,000 ounce producer but is possibly going to produce 200,000 in 2023.....So , what should a 200,000 ounce producer with AISC of 1000$ be worth , especially with a rising gold price? Maybe 1.2 billion $ cdn?? Bolt on a 2000 tonne high grade nickel producer ($ 200 k market cap) to the share price and we're looking at easily a 1.4 billion $cdn market cap divided by 173 million shares = $8.09 cdn share price.....The future is very bright for krr.....
In the meantime, the price of gold needs to keep showing signs it has resumed it's bull run otherwise we can forget about any share appreciation continuing to happen to gold stocks...

If the price of gold breaks 2000$ in 2023 ....Krr will skyrocket...