KRR 9.09% 1.2¢ king river resources limited

Ann: Quarterly Activities Report, page-35

  1. 11,448 Posts.
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    Don't you guys have anything better to do than posting your daily complaints? Just sit back and relax. The drill bit continues spinning on these multiple targets and the assays will tell us the final picture. We don't need muppets like you lot trying to tell us otherwise. Assays should start flowing in during the next 1-3 months.

    It could be a lot worse, a lot of ASX explorers are conserving capital right now in these poor market conditions for speculative stocks. Many companies are not even drilling. The risk appetite for most retail is no longer there - their money is getting spent on other things during this high inflationary environment/cost of living crisis. This makes raising capital on market even more difficult!

    We are lucky that we sold our Speewah Project for such a high figure which lets us explore without constraints for the next 1-2 years. Having such a large ground holding in key areas around TC, with many geophysical anomalies and surface geochemistry anomalies puts us in an advantageous position IMO.

    Yes, the news flow has been horrible in recent years and the share price has struggled, but we are actively exploring now and the newsflow should therefore pick up significantly. If you are looking at entering any explorer on the ASX right now, this would be one of the top picks imo, plenty of exploration going on and no issues relating to capital.
    Last edited by coto: Wednesday, 18:40
 
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