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 > KRR management report card

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Comment by Highwired7on Mar 11, 2024 12:04pm

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Post# 35926533

RE:RE:RE:KRR management report card

To call the timing of the last two news releases suspicious is a huge understatement. Releasing the well below expected 2024 production / increased cost rates while in active “merger” negotiations is a blatant breach of the BOD’s fiduciary duty to protect the interests of shareholders. Pending the outcome of these negotiations, KRR’s board and management will likely be subject to SEC investigations and shareholder lawsuits.

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Calibre discovers significant gold in Newfoundland