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.

OTCPK:KRCLF - Post by User

King River Resources Ltd > KRR management report card

<< Previous

Bullboard Posts

Next >>

Comment by stazon Mar 12, 2024 2:09am

164 Views

Post# 35927805

RE:RE:RE:RE:RE:RE:RE:KRR management report card

Great find. That , potentialy, explains very strange behaviour of the Karora stock price.

In December 2023, when the gold price was falling below $2,000 KRR share price still was hovering above or around $5. Yet, here we are: with the gold storming all-time-highs every day for the last several days, KRR's SP like a sick dog can't stand on its feet. Annoying . With or without merger talks at the current gold price SP should be around $5 already, on its own. And of course such a "correction"in the guidance last morning was a kick in the groin to the SP. Ugly move.

<< Previous

Bullboard Posts

Next >>

NervGen Pharma: Proof that NVG-291 works?