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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

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

Post by MaterialsManon Jan 21, 2023 9:17am
314 Views
Post# 35237192

BRICS+ vs. the Petrodollar

BRICS+ vs. the PetrodollarAm posting this stuff here because KRR is my largest holding, and I feel it has the most appreciation potential of any producer. The KRR bullboard seems to have many intelligent followers, which makes this site a good one to keep people who follow the gold market informed. Published today, Jan 21st on the "321gold" site is an article by Pepe Escobar detailing  the effort to replace the U.S. dollar with gold backed currencies. In one paragraph, he quotes N.Y. banking sources as saying that if the BRICS+ efforts come to fruition, "the U.S. dollar would be wiped out, since it is a valueless fiat currency......". It's a pretty long article so if you do not especially want to get caught up on this sort of material, you may want to pass.
I just hope that if the powers in the Western bloc, particularly the U.S. get concerned about the situation, the U.S. may repeat previous behavior by confiscating all of its citizens gold. Now that would be concerning.
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