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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 May 22, 2024 3:29pm
147 Views
Post# 36052598

Probably just a blip

Probably just a blipIMO, there is no good reason for gold to be tanking the way it is.
It's being suggested that the threat of higher interest rates is the reason.
I doubt very much that there will be a rate hike in an election year. Plus, to my mind, blaming 
interest rates is total b*s*.
All the fundamentals are the same. I see this as temporary.
So far today  KRR stock is holding its own on big volume. That speaks volumes for Karora and Westgold.


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