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 > Merger

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Comment by MaterialsManon Jun 20, 2024 5:42pm

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Post# 36098939

RE:Merger

If the price of gold continues to rise and Western Australia doesn't get inundated by rain to the extent that it seriously affects operations, you're golden. Just sit tight.
IMO, knock on wood, the price of gold is only headed one way long term, and the possibility of severe flooding exists. It becomes a matter of how vulnerable each mine is. I don't know the answer to that.
A big plus is that the operations are in a safe jurisdiction. There are certainly much riskier investments out there.
I think that the risk reward ratio is in favor of holding. And the rewards could be substantial.

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