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.

OTCPK:KRCLF - Post by User

King River Resources Ltd > Seeking Alpha - KRR Plenty Of Upside

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Comment by materialsgirlon Jan 03, 2023 10:33am

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Post# 35200564

RE:Seeking Alpha - KRR Plenty Of Upside

snippet from seeking alpha

Summary

We are already seeing the impact of the Lakewood mill, as Karora had record gold production of 38,437 ounces in Q3 2022.
The bonus, and the double bonus.
The fair relative value for KRRGF is almost 2x its current price. A $1 billion market cap wouldn't be a stretch, assuming the company hits its targets.
I've been particularly impressed with Paul Huet, Chairman and CEO of Karora. He is passionate about the company and has continually delivered.

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