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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

Comment by 5oceanson Apr 11, 2024 9:06am
133 Views
Post# 35982949

RE:RE:RE:Can anyone explain?

RE:RE:RE:Can anyone explain?It is going to be voted in yet. That said, IMO that is a pro-forma because the big guys were brought to speed and most already agreed to lock in their votes together with the boards. So, the packge as presented to all has been detailed by the big interests. Usually, big money gets in the formation and development of these plays much earlier and with perks, before retail;  When the company wants to sell out, merge or buy in a big way, they consult each other and come up with what has been presented to the rest of the share holders. In this case, like many others, the package has to be very convincigly sold to the ones that didn't see it evolve because ... ... ???? In the end, it does not matter, they already have the votes to make it happen. JUST ME.
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