KRR 0.00% 1.0¢ king river resources limited

@vincerli Value becomes a factor. Even if you are not actively...

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  1. 12,552 Posts.
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    @vincerli
    Value becomes a factor. Even if you are not actively producing gold and making money off the high price of gold, the gold price still comes into play and becomes a factor. Since we are drilling in a very prospective gold and copper region, any intersection of decent gold or a possible gold discovery will have value in itself. This becomes an asset and possible future mine and therefore adds to the companies worth. It will deserve a higher market cap to start to correlate with that value. Management just need to pull their finger out and drill all our targets like swiss cheese! We have enough money right now and enough for the near future to make this drilling happen. Management should not be holding back. If we hit decent gold (or even copper at current prices) then the share price re rates. If it re rates, we raise a lot higher and avoid any dilution and we expand the drilling programs even more! Now is the time to lift their act!
    Last edited by coto: 13/04/24
 
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