KRR 0.00% 0.9¢ king river resources limited

Timing is Golden, page-71

  1. 2,178 Posts.
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    Yes! I was watching that and it's a solid sign of KRC's fundamental credentials. I had a small retracement across my whole portfolio, but overall things held up extremely well. I recently rebalanced into a bunch of growth Goldies given increased levels of volatility and I think the prospect of having decent gold here is one major factor as to why KRC held up well. The other is the changing supply/demand dynamic around vanadium. Trumps tariff of steel is actually a bit of a smoke screen. US is primarily using the threat of tariffs to claw back the unfair and uncompetitive tactics that China is using to effectively steal US know-how and IP from US companies wanting to enter the Chinese markets. That and the China clean air policy resulting is a significant reduction is vanadium use internally is leading them to source it from elsewhere (namely Australia). US is in a similar position, they will be increasing their steel making for which vanadium is a key component. Therefore companies such as KRC are about to enter into long term bull trend for their vanadium deposits. Then of course we have fluorite and then gold. All highly sought after at times of volatility. We are into a winner here and the three sophs from this week have just confirmed it. No one puts that kind of money into an early stage explorer unless there is a massive payback for taking the risk. So as @possum2 says at the top "Timing is Golden"!
 
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