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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 May 23, 2023 1:56pm
177 Views
Post# 35460592

So at the opening bell Krr drops 5% but others are up

So at the opening bell Krr drops 5% but others are upSo, when the TSX opened today or right before it opened , you could see that most gold stocks were opening flat or up a little and some caaes down a little just by looking at the bids and the asks. 

I have level 2 trading on my account and so I can see  all the bids and the asks on different stocks or supposedly I can see ..

Why would anyone dump their Krr shares way below market prices when  the whole junior gold market was ready to open relatively calmly? So if Argonaut gold was opening flat and NFG was opening up 1% or AEM was opening flat, why wouldn't the seller of Krr stock ask for maybe a couple of pennies under yesterday's krr closing price? it doesn't make sense to dump your shares 5% LOWER than everyone else's shares? Why not wait a few minutes and sell your Krr stock at a very miniscule loss? Everyone could see that the gold stocks were holding up pretty well this morning.

Now gold is green and KRR is still down 5%...Why? Because it's being manipulated , that's why... No other logical reason other than they are colluding together and using KRR as a whipping boy...This is the 100th waterfall drop for KRR that had no basis in reality or solid reason for occuring...
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