King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

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 > They say there is a 12 month lag on interest rate effects

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Comment by Rainman01on Apr 26, 2023 9:20am

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RE:They say there is a 12 month lag on interest rate effects

With big financial institutions failing and Fed's still trying to raise interest rates is a recipe for disaster. Also the US has to come up with new plan for debt ceiling. So they raise the ceiling more as in printing more money and that is why they are spinning out of control. The Bricks Nations are meeting this summer with more and more Countries signing on . All these factors point to higher gold prices in the long term which will be excellent for KRR.

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