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Bullboard - Stock Discussion Forum 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... see more

TSX:KRR - Post Discussion

Karora Resources Inc > The bleeding may have stopped
View:
Post by MaterialsMan on Apr 10, 2024 11:31pm

The bleeding may have stopped

Westgold opened sharply lower and may have bottomed at $2.03 AUX. It quickly recovered to its open  of $2.10 and has remained pretty flat since.
This whole business may prove to be a bit of a roller coaster for a while, but if gold trends up, so should both stocks.
Let's hope gold continues its long awaited upward journey. Don't get off the roller coaster, this could be a wild ride, and if you dump your KRR, you won't get to experience the thrill.
Comment by MVargas on Apr 11, 2024 12:27am
Yes, the only exchange that really matters is the ASE where WGX is currently trading at AUD $2.10 on volume of over 5 million shares which equates to a KRR exchange price of $5.33, excluding the spinoff co shares. I couldn't pass up the discount offered by sellers of KRR shares today in the $4.80's and traded out of one of my other gold stocks to take advantage the on sale price.  I ...more  
Comment by Rainman01 on Apr 11, 2024 2:38am
I have all the confidence in the world also because it is written in the deal but more importantly it could be a deal breaker if it does not trade on tsx. So everyone holding or buying up discount KRR shares are all on the same page. WGX has finally stopped falling and it will find it's new normal and flow up and down with gold prices. KRR shares on the other hand could really trade anywhere ...more  
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