King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Gold

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 > Gold Upleg Still Young

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Comment by NineLiveson Dec 30, 2022 8:32am

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Post# 35196664

RE:RE:RE:Gold Upleg Still Young

Thanks, it's been doing the rounds for over a month.

There are strong indications Putin may just peg oil to Gold.

BUT, one thing they don't mention. If Russia does this and the few remaining countries actually buying Russian oil above the cap do transact Gold for oil, Russia still has to sell the Gold to pay for arms. So seems to me it's just an exchange.

Personally I prefer the story of Gold being a safe haven from dodgy crypto, world currencies losing their status as wealth due to high country debt loads/inflation and the fact Gold remains one of the few easily tradeable tangible assets remaining.

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