Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Farquaron Mar 23, 2023 10:10am
242 Views
Post# 35355995

Seeing the Big Picture

Seeing the Big PictureKrr is doing very well when compared to it's peers . Look at Fortuna Silver mines (FVI)  a 400,000 ounce producer, they announced a loss of 165 million $US ( 225 million $ cdn) in Q4...Fvi is still up 3% today...

Krr is in much better shape having made a profit in Q4...

Yes, the gold business is an extremely difficult one and we see how inflation has wrecked this sector..If anything, when the liars state that inflation is coming right back down to 2%, just look at this sector and remember this industry  reflects the true story on inflation which is and continues to be ugly.. Gold needs to be higher than 2000$ for most gold companies to make a profit...
<< Previous
Bullboard Posts
Next >>