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 > The deal or no deal

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Post by Rainman01on Mar 10, 2024 8:29pm

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Post# 35925564

The deal or no deal

Rms has released a statement on there website. I believe RMS either wanted free publicity or someone leaked the information to warn us either way no deal. RMS is down a couple cents and I will definitely sleep at least tonight knowing that KRR is safe for now. Just because a stock is shorted as much as KRR that does not determine the true value . There is lots of different metrics in the calculations to find out any stocks worth. You don't just claim a company because they are shorted and take advantage of it especially one with the potential KRR has. Our worth is 2.5 to 3 billion dollars and that is a very generous discount.

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