OTCPK:KRCLF - Post by User
Post by
MaterialsManon Jan 18, 2023 5:58am
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Post# 35229858
Looks like a done deal.
Looks like a done deal.In an overnight announcement, it appears that the merger involving the recipient of KRR's royalty has been approved by the Canada Courts. Looks like MMX will cease to exist by the end of the week. TFPM is the acquirer.
On another note, read on a post that KRR's share price seems very tied to the POG. KRR is not alone by any means. Makes for a little guesswork when it comes to taking a little profit, hoping that gold will go down to provide the opportunity to buy back in. Overnight, gold dipped quite sharply below 1900.
Next thing you know the price is back to 1915. An old time pundit I used to follow said often that the trend is your friend. The gold chart is looking pretty friendly recently.