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

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Post by MaterialsManon Mar 19, 2023 9:45am

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Post# 35347439

Fifty BILLION twice.

Pundits are saying that the Credit Swiss thing has to be straightened out before the market open in Europe. UBS is offering one billion for CS. CS says that is not enough. But, CS does not seem to be in a position to dictate anything. Steps are supposedly underway to approve the deal. There was a 50 billion dollar band aid applied last week by the swiss gov't in the form of loan offer to CS. That stopped the bleeding for several hours before the band aiid fell off. Here comes UBS. They took a 50 billion dollar write off during the last crises along with a 5 billion dollar injection by the Swiss Gov't. This may relieve concern for a bit, but I doubt for long. I think gold is gonna have a good day on Monday.

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