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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Post by MaterialsManon Apr 25, 2024 9:20am

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Post# 36006801

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The ASX was closed overnight because of the Anzac holiday.
KRR will be free to rise or fall in terms of SP today of its own accord independent of WGX.
I noticed the the price of gold was shooting up some, but volatility remains. If gold as a real good day,
it should be reflected in the SP of KRR, since it will be expected that WGX would in turn increase proportionally tonight. That would assume gold held on to its gains overnight.
This doesn't happen very often (the holiday thing), so it will be fun to see if KRR can run up independently if the price of gold cooperates.

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