King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Gold

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.

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King River Resources Ltd > Moody's cuts USA outlook to negative...

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Comment by MaterialsManon Nov 13, 2023 5:08am

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Post# 35731354

RE:Moody's cuts USA outlook to negative...

I believe that they are the last of the major rating agencies to downgrade U.S. debt.
So far, there does not seem to have been much of an impact from these downgrades.
Think about what happens to a stock price if their credit rating is downgraded. This type of reaction does not seem to apply when it comes to how investors react to downgrades of the U.S.'s ability to deal with its debt.
If investors took this to heart, they would certainly be running out of investment options.
The dollar remains the cleanest shirt in the dirty laundry bag. Plain and simple.

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