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 > Gotta wonder why

<< Previous

Bullboard Posts

Next >>

Post by MaterialsManon May 07, 2024 1:10am

229 Views

Post# 36026255

Gotta wonder why

From what I can gather, central banks have officially bought another 300 tons of gold so far in '24.
It remains a mystery to me that the price of gold is not making significant price gains based on the central bank buying alone. I realize the FED has its ways of holding down the price but this is rediculous.
By the way, the 1st quarter puchases supposedly set a record.
Anyone have an opinion as to why this situation continues to exist ?
How is it possible?

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features