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

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Post by Rainman01on Dec 01, 2022 9:32am

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KRR share price

I thought it is about time to get my 2 cents in. I agree with Farqhar with what can happen to our share price except I believe that with all the big players who have big stakes in KRR we will continue to grow. Even if gold price is 1800 Oz I believe we are well below reasonable share price. 200 thousand Oz × 800 = 160 million ÷4=40 million profit per quarter. Look at other gold mining companies losing money and over 10 dollar share price. KRR is fixed to make big gains then add the nickel into the equation and we are going to go straight up.

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Advancing flagship Ishkõday Gold Project in Ontario