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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 cleareyeon Jun 22, 2023 11:44am
114 Views
Post# 35509276

It's another difficult June.

It's another difficult June.Gold has been driven down to another Fibonacci Level of support, in the malaise of June.

It's painful.

It's an easy target and once the "traders" have the next lower Fib retracement level in their sights they go after it like sharks in bloody water.

I'm not exactly sure what level they're after since I sometime confuse spot prices with other futures prices. The sharks will know. They pick a number and then they go for it.

It's a difficult process to watch. It leaves one with a feeling of being fleeced, being stupid for not seeing in coming, being naively optomistic.

But that is all part of the design.

cleareye.
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