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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 Symbioticon Feb 26, 2023 9:55pm
218 Views
Post# 35306327

Nickle

NickleToo much normalcy bias in value calculations. Those that price such things probably are working on a different set of calculations. Sure it makes sense in a market context. Supply, demand from X population with a middle class that will supposedly be carried along through the green transition and such equals the opportunity. They don't plan on a stable population, they don't plan on a middle class to demand such resources and to fight inflation they will destroy demand by impoverishment and population reduction.They don't need to pay in dollars as they have the legal system, governments and the printing press. If they want those resources they will just nationalize or take them through other means. They are already theirs through sea law corporation and empire. Who do you think they lease rights from? The people could put an end to it but I am not holding my breath as they remain ignorant and often by choice it seems. 
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