KRR 0.00% 1.1¢ king river resources limited

KRC chart, page-185

  1. 2,244 Posts.
    lightbulb Created with Sketch. 155
    Your allowed your opinion mate,

    When there is fear of a crash, gold prices rise.
    The price of gold IMO wont go much lower $1330, most gold mines have an AISC of not much lower than spot price and only a few are lucky enough to mine for much lower. If KRC keep coming back from results of 15grams per ton and over with decent thickness then they will be one of the lucky ones.

    The world is changing fast, moving from fossil fuel to green energy and it can't be stopped. I was in china 5 years ago and i couldn't see the sun or the stars at night on a clear day due to the smog. After visiting china a few weeks ago the sky is blue and nearly every push bike runs on a lithium battery im talking about millions of bike compared to 5 years ago when there was no noticeable bikes. The change is happening with or with out us.

    When this revolution started it was all about lithium because the world was not focusing on the big picture because they did not think or better wording "believe" it was possible, but the lithium market has shown it is so now the world is waking up and thinking big and this is were VANADIUM comes in.

    Lithium batteries have a maximun of about 2000 to 3000 cycles of charge to discharge which is great for devices and cars though depending on your power usuage this might only last 3 to 10 years, as the battery moves up the cycles the battery degrades and does not hold the charge it used to.

    VANADIUM on the other hand can have over 30000 cycles of charge and discharge. Takes much longer for it to degrade and can last over 30 years and is environmentally friendly. There is really no comparison when it comes to mass energy storage.

    KRC have 1.8 Billion tonnes of measured V2O5 at 0.37% not including the TI% so they have both legs in the court. They might have their ups and downs but IMO for the LTers this is a no brainer of an investment.

    Cheere

    W.W
    Last edited by Wheres-Wally: 19/01/18
 
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