King River Resources Ltd T.KRR.W

RE:Managing Director

[Rainman01]

I have watched KRR shares for a very long time now. I have to agree that 2 to 3 hundred back for a already low aisc is very noticeable. In some of the same districts as KRR they have shut down mines because of 1800 aisc. We have bought and paid for the extra mill and have the ventilation installation near completion. I fully believe some traders will try to take us under 4 dollars again. I will take this as a buying opportunity because we will hit the 5 dollar mark again really soon. With the amount of gold being sold and the world state of affairs I do not see gold staying down at these prices for long. I still believe once we have all the extra expenses paid for we will be close to 200 thousand Oz per year. So we could hit 400 million a year with 2000 gold and aisc at 900 to 950 . What will the future hold for KRR and ultimately the share price, I still see 6.50 per share easy when we hit our milestones. Cheers