Short Term Trading Week Starting: 1st Aug, page-344

STTCOMP KRC, FA LONG

Market cap 5.5m cash 1.4m approx.
Gold silver copper play.

Very high grades silver, copper and gold... Drilling to start soon

Rock chips returned as high as 39% cu, 19% cu and 16% cu from the surface... and silver as high as 2000 g/t, 800g/t and 300g/t and gold as high as 8g/t, 4g/t. Reference announcement on 5 July 16.

A drilling here when gold/silver is very hot might bring heaps of value and share price appreciation.

Also exploration update is due tomorrow as per today's announcement:The Board of King River Copper also advises that the Company is currently in the process of drafting an exploration update to be released within the next 24 hours.

red flag:
Cap raise completed today and as a result 127m shares will hit the market tomorrow. All issued at 0.0062...

the good thing is, SPP over sub like most cap raises in resources now a days... the other good thing the checks will be scaled back.

Cheers