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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 Trader1390on Nov 14, 2023 4:17pm
234 Views
Post# 35735358

What is the point of this board?

What is the point of this board?...other than providing a platform to some political theorists and speculators, none of which add any value to the discussion about Karora Resources Inc.

To those of you who are new and who stumbled across this platform... KRR is a decent to good mid-sized mining company with a small dedicated team that have proven their mettel. 

Gold miners in general are currently undervalued and poised for a breakout and considering the investing environment we currently find ourselves, KRR appears to be at the top of this list. 

Unless the world comes to an end in the next 2 - 3 years, I am comfortable with parking a significant chunk of my investments in KRR. 

I'm in it for the long run, and got in prior to 2018. The stock price has been bouncing around between $3.80 and 4.30 lately which gives smaller capital investors a chance to accumulate a larger position over time. A drop from these levels may be unusual but would prompt me to buy more.

I hold positions in stock as well as options. 

These are my opinions only and should not be taken as investment advice. 

 
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