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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

Comment by Goldbug52on May 24, 2023 11:44am
144 Views
Post# 35461985

RE:Hot off the wire

RE:Hot off the wire
MaterialsMan wrote: Put your money into cash and gold. So says J.P. Morgan. Thought I was seeing things. Did some fact checking. and lo and behold.
Their recommendation does not seem to be doing much for the price of gold at the moment.
I never expected a major bank to come out like that. 
Who knows, maybe mainstream sentiment is beginning to shift in favor of the ultimate safe haven.

Never ever believe what the big banks say! I remember a few years back that Goldman Sachs said that gold was gonna drop to $900, that was when gold was about $1100/oz! It turned around and ran to about $1500! If JP Morgan said that, it makes me very nervous!
   By the way, thanks for your contributions to this board :-))!
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