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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.


OTCPK:KRCLF - Post by User

King River Resources Ltd > Seriously undervalued
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Post by MaterialsManon May 18, 2024 8:30am
246 Views
Post# 36047067

Seriously undervalued

Seriously undervaluedWGX has a great balance sheet with all the right boxes checked. Unfortunately I don't think KRRs SP will react to any great extent if the breakout continues, unless the SP of WGX begins to respond favorably.
The ASX gold stocks have not been able as of yet to respond favorably  to Friday's action.
I for one will be keeping a close eye on how gold opens Sunday evening and subsequently, how WGX.AX responds. Canadian investors will be shut out by Queen Victoria on Monday, but there will be trading in the U.S.
Even with Westgold being a real bargain, I'll be shocked if it doesn't begin to respond down under if the breakout continues.
The trading of Westgold in the U.S. is pathetic. Westgold can't even get a bid here.

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