Karora Resources Inc KRRGF

Double witching hour

[MaterialsMan]

Thanks to Rainman for bringing the Crux interview to everyones attention. It seems geared to creating some enthusiasm for the merger/buyout (not sure now what to call it). Overall, I'd say the comments
are more than welcome. 
Eight thirty a.m. EST could provide some fireworks on the N.Y. gold exchange. Not only is that the time of day that major moves often occur in the price of gold, but the CPI comes out at the same time.
Lately, it seems that gold has been beating to the sound of its own drummer.
IMO, the price action in KRR will remain detached from minor ups and down in the price of gold. it will probably be all about the perception of the benefits derived from the merger.
Of course if gold goes to the moon the shares of producers should respond accordingly. But, based on comments made in the CRUX interview, it seems to me that it will be at least a year before the synergies mentioned will begin to affect financials and hence the share price.
I suspect that more patience will be required by KRR investors that are in it for the long haul.

[Rainman01]

I believe things will happen faster than we can ever anticipate. I believe the new CEO is very driven to succeed with Westgold and with our assets under one umbrella it won't take long for investors to take notice. For the first time in a long time I feel a little relaxed and confident moving forward. Also nickel is way up again and this is the ace up our sleeve to get our aisc down. GLTA 

[amishelvis]

Paul had mentioned that westgold had alot of extra mining equiptment left over from a previous contract business. Much of it could easily slide over to the Karora side. That sounded good. I need to look into their minelife and grade. Margins etc.

[MaterialsMan]

amishelvis I don't mean to make lite of your comment about the extra equipment, but on 'Gold Rush' they call that a boneyard. Hopefully the equipment is all serviceable.