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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.


TSX:KRR - Post by User

Karora Resources Inc > Seriously undervalued
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Comment by Rainman01on May 19, 2024 9:15am
149 Views
Post# 36047817

RE:RE:RE:RE:Seriously undervalued

RE:RE:RE:RE:Seriously undervaluedBoth companies are heavily shorted. Westgold is number 6 on the Australian market for being shorted right now. My theory is to drive retail out and keep the price lower for institutional investors to buy more at discount prices. KRR share price should be higher but both companies did some tweaking to make the merger happen. Looking for input on what you think will happen after merger. I am locked and loaded until July and awaiting the rerate of both companies. 
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