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Karora Resources Inc KRRGF


Primary Symbol: T.KRR

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.


TSX:KRR - Post by User

Post by MaterialsManon Apr 08, 2024 5:35pm
196 Views
Post# 35977725

Volume

VolumeMillions of shares traded today. Lots of selling and lots of buying. Wonder what the huge volume portends.
WGXRF hardly trades on the OTC.. It was down quite a bit, but who knows how large the float is in the U.S.
Tonights action in Australia will tell us more about whether the arrangement is perceived as advantageous to Westgold, if at all.
The value of KRR shares from now until the deal closes, assuming it does, will be directly tied to the WGX.AX share price. We'll have to sharpen our math skills to be converting from Australian dollars to loonies or greenbacks.
Lets hope the Australian investors jump all over Westgold.
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