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.

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King River Resources Ltd > Interesting - gold down this am and gold stocks up

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Post by cleareyeon Feb 12, 2024 11:56am

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Post# 35875637

Interesting - gold down this am and gold stocks up

In general, gold stocks are up this morning and gold is trending downwards.

Anyone have any ideas as to why this is happening?

Just a general market trend? Are investors becoming uneasy with the new heights of the NASDAQ and S&P and just are backing out of some stocks with huge gains and getting into gold?

Or, is it just a trap of some sort?

cleareye.

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