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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 MaterialsManon Aug 18, 2023 1:02pm
93 Views
Post# 35595129

RE:Another tool for the "Flash Boys'

RE:Another tool for the "Flash Boys'It's very possible that the introduction of derivatives as regards bitcoin could have a dramatic effect on the demand for gold and gold mining stocks in the near future.
Futures trading in bitcoin could in all likelihood diminish its volatility.
If bitcoin begins to trade in a small range, investors may decide that gold once again could be seen as a safer haven. Bitcoin proponents in general say that the sky is the limit in regards to its price.
That may change.
One of the knocks on gold has always been that it provides no yield.
Well, how much yield does bitcoin provide? 
Bitcoin ETF's such as BITO and MAXI provide incredible dividends. I have yet to figure out quite how that happens, but they do. At least for now.
Many of the major gold producers pay a dividend along with royalty companies, as high as 5% (B2). Hence a yield from gold.
Many pundits are of the opinion that the crypto craze has cut into investment in gold. Maybe the reverse will evolve.
Since it was announced that Coinbase has been approved to deal in futures, Bitcoin has dropped about 13% (all recent). Can't say that it's because of the approval, but the situation may bear watching.
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