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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King River Resources Ltd

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Post by MaterialsManon May 22, 2024 3:29pm

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Post# 36052598

Probably just a blip

IMO, there is no good reason for gold to be tanking the way it is.
It's being suggested that the threat of higher interest rates is the reason.
I doubt very much that there will be a rate hike in an election year. Plus, to my mind, blaming
interest rates is total b*s*.
All the fundamentals are the same. I see this as temporary.
So far today KRR stock is holding its own on big volume. That speaks volumes for Karora and Westgold.

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