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Bullboard - Stock Discussion Forum
Karora Resources Inc
KRRGF
Primary Symbol:
T.KRR
Metals & Mining
Gold
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south...
of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.
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Bullboard (TSX:KRR)
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(302)
•••
MaterialsMan
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Comment by
MaterialsMan
on Jun 23, 2024 12:43pm
RE:RE:RE:Any surprises
I very well could be Amis. If I recall correctly, I think a portion of Kali is owned by another company. No matter what's invoved, if it's just lithium in the ground, I wouldn't get my
...more
(29)
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amishelvis
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Comment by
amishelvis
on Jun 23, 2024 10:47am
RE:RE:Any surprises
I thought that Spinco is a generic term for any company being spun off.
(302)
•••
MaterialsMan
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Comment by
MaterialsMan
on Jun 23, 2024 10:35am
RE:Any surprises
I don't know if excluding shareholders who bought last week from voting is SOP, but it seems strange. The SpinCo thing has me a bit confused. I thought the name of the spun out company was Kali
...more
(302)
•••
MaterialsMan
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Post by
MaterialsMan
on Jun 22, 2024 8:52am
Any surprises
Anybody take the time to read it to see if there was anything in it that we don't already know? If there is, and you feel up to sharing the unknowns, that would be nice. I noticed that B2 had a
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 21, 2024 5:23pm
New Press Release - Karora Resources Files Management Information Circular in Connection with Proposed Arrangement
Karora Board and Special Committee unanimously recommend that Shareholders vote FOR the ArrangementTORONTO, June 21, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora" or the "Corporation") today announced that it has filed and is in the process of mailing the management...
read article.
(2)
•••
netprofiteer2
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Post by
netprofiteer2
on Jun 21, 2024 3:33pm
Gold is down over US$30 today yet KRR is up.
Without any other information this looks like a large buyer wants to build a position which could lead to who knows? a takeover bid?
(302)
•••
MaterialsMan
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Comment by
MaterialsMan
on Jun 21, 2024 11:43am
RE:Could it be
I just came across a bit of info that leads me to believe that some sort of concerted effort is taking place. Thought I'd pass it on. The OTC Markets site shows the bid and ask on various
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(302)
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MaterialsMan
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Post by
MaterialsMan
on Jun 21, 2024 10:31am
Could it be
Is it probable or even possible that a short squeeze might be in progress. Be nice if we have a GME on our hands. Something is moving KRR and WGX upward in significant increments. Shorts having to
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(183)
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Rainman01
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Comment by
Rainman01
on Jun 21, 2024 8:20am
RE:Does this make sense?
I believe that there is trading that happens without us knowing or behind closed doors. I don't know much about it but I think they cal it the dark pool. It seems complex but they have design it
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(302)
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MaterialsMan
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Post by
MaterialsMan
on Jun 21, 2024 8:06am
Does this make sense?
In revisiting the short position on WGXRF, I saw that according to the published figures, the short position was recently reduced by about a half million shares. All the while, the number of shares
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(302)
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MaterialsMan
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Post by
MaterialsMan
on Jun 21, 2024 7:48am
A little perspective
There's been a lot of buzz recently about the battle for the largest market cap. NVDA held the lead for a few days but fell back to second yesterday. The market cap of all the bitcoin out there
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(183)
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Rainman01
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Comment by
Rainman01
on Jun 21, 2024 7:46am
RE:RE:RE:RE:Merger
Everything is cut and dried as far as what we get for our shares but the amount of money that the new shares are worth will be determined on July 22 the first day of trading for Enlarged Westgold. We
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(302)
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MaterialsMan
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Comment by
MaterialsMan
on Jun 21, 2024 6:23am
RE:RE:RE:Short interest
MVargas, As I mentioned previously, I don't quite know or understand all the ins and outs of shorting stock. When you say shorting of WGX is not of much concern, I don't know whether you mean
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(128)
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MVargas
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Comment by
MVargas
on Jun 21, 2024 2:39am
RE:RE:Short interest
KRR's last reported short position on the TSX was almost 10 million shares and so yes, with little time to replace those "borrowed" shares, a short squeeze is a distinct possibility. A
...more
(302)
•••
MaterialsMan
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Comment by
MaterialsMan
on Jun 20, 2024 10:46pm
RE:Short interest
Am I correct in assuming that as the share prices of Karora and Westgold continue to climb, as is the case right now, then those with short postions (5 million shares are now shorted), will be caught
...more
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