King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

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

King River Resources Ltd

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Post by cleareyeon Sep 25, 2023 10:40am

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Post# 35652115

krr suffering as gold drops - usd index breaks above 106

The 1 yr bond interest rates increased this morning, the usd index broke above 106, indicating that it has finally broken to the upside (to some).

As the usd index was breaking up, spot gold broke down.

We'll have to see how low gold goes. It can hold its own even with an increasing dollar index and increase in long-term interest rates, but, the odds are moving against it.

Hence, the drop in krr.to to $4.11, so far this morning.

cleareye.

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