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.

OTCPK:KRCLF - Post by User

King River Resources Ltd > Share price lagging............

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Post by ggrelletteon Jan 26, 2023 4:43pm

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Post# 35248808

Share price lagging............

presently. Very surprised the stock did not move higher on the recent news. Maybe it did move but I misssed it. Anyway the stock price of $5.20 to $5.30 range is well below where it should be trading in the $6.00 to $6.50 range. Had a conversation with a friend who also owns the stock and definitely agreed. Today I get a technical alert from my broker stating KRR is undervalued and should be trading in the range of what I said. Something to due with a flag formation. I am no Technical analyst but based on passed experience in this sector, the stock is undervalued here IMHO.

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