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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 Highwired7on Mar 15, 2024 10:01pm
245 Views
Post# 35936153

I'm Out, Sold It All Today...

I'm Out, Sold It All Today...Monday morning's earlly release of negatively revised guidance/AISC was clearly done to knock down and cap the SP by our own management, absolutely no doubt about that, it was sleezy, unprofessional, unethical, dishonest and probably illegal, and that was it for me. For some reason, they want this low ball offer to go through, I'm not going to stick around for what comes next....an anouncement on Monday? They will crash the stock, include  millions of illiquid ASX shares in the deal and if sued, litigation could take months, if not years. With every miner at their lows, there are just too many other oportunities available with better management that values it's shareholders. No wonder management sold all their shares they don't want any part of Ramelius's billion shares either. Oh, and when the dust settles, Ramelius will do a R/S and trash the share count of their new ex KRR shareholders! NO F*ING  THANKS GLTA!
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