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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Comment by Rainman01on May 19, 2024 9:15am

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Post# 36047817

RE:RE:RE:RE:Seriously undervalued

Both companies are heavily shorted. Westgold is number 6 on the Australian market for being shorted right now. My theory is to drive retail out and keep the price lower for institutional investors to buy more at discount prices. KRR share price should be higher but both companies did some tweaking to make the merger happen. Looking for input on what you think will happen after merger. I am locked and loaded until July and awaiting the rerate of both companies.

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Two micro-cap stocks with strong fundamentals