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 23, 2023 8:04am

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Post# 35355670

Will we hit trifecta?

The first two pieces need to remain in place. The third is this report. A lot will depend on how it is perceived, and how many investers are waiting in the wings if indeed they do believe that KRR is a big winner. The one question in my opinion regards the PE ratio. The upcoming nickle by product contribution to the bottom line should help to cure it, in addition to continued upward movement in the price of gold.
If the stock price does not increase in as we expect, then for myself, it will be an opportunity to further increase my position. I believe that KRR has a very strong future.

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