KRR 5.00% 1.1¢ king river resources limited

Ann: Media Release Clarification, page-50

  1. 5,787 Posts.
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    The Jugg,

    ""Well hopefully someone can provide some details on it.""

    It doesn't really matter what the article says because the traders are playing this stock up and down at their want.
    That is the problem when the share price gets down to these low levels. They can do what they want .
    The reality is the vanadium price is going higher and KRC has an enormous resource that will be able to feed the world with vanadium for many years to come. Thats it in a nutshell.
    Over 40 million shares were sold in the mid 4's during the past 2 days which doesn't make a whole lot of sense to me. For those that have sold out because of panic that is unfortunate . The market can be ruthless and for those that did not back their own research or perhaps were negligent in not doing enough research then a lesson has been learnt if money has been lost. As I posted the other day you haven't lost any money until you have sold your stock. Huge difference between a paper loss and a real loss. Where the share price goes short term is anyones guess. The Day Traders will ultimately decide that.
    The craziness of the market never ceases to amaze me.



    By the way Jugg, I did post before the market opened at 9.41am this morning that there was an article in the Financial Review about KRC. It read well and explained in detail the bright future that lay ahead for KRC.
    The article mainly spoke of the enormous potential . But I guess for those who have followed this story for a while, we already knew that. Nothing new there.


    Cheers.
 
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