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.

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King River Resources Ltd > Contagion spreading

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Comment by MaterialsManon Mar 12, 2023 9:05pm

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Post# 35333877

RE:RE:RE:Contagion spreading

Looks as if that guy from Y Combinator did have some luck. He and others appear to have put together a consortium of about 180 companies that had their operating funds on deposit with SVB. They petitioned for help from the Gov't to make them whole by ignoring the 250k limit on FDIC insurance. Yellen et al. came up with a funding plan to save the day. NOT at the taxpayers expense. Not quite sure at whose expense.

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