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Bullboard - Stock Discussion Forum
Karora Resources Inc
T.KRR
Alternate Symbol(s):
KRRGF
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.
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Bullboard (TSX:KRR)
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(190)
•••
Rainman01
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Comment by
Rainman01
on Mar 07, 2024 10:11am
RE:Tsx stops trading
Maybe not my mistake.
(190)
•••
Rainman01
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Post by
Rainman01
on Mar 07, 2024 10:05am
Tsx stops trading
Looking like we are shut down for trading today. Can't wait to see tomorrow.
(163)
•••
Odinson
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Post by
Odinson
on Mar 07, 2024 10:04am
Well ...
Now we know who and why it was being he3ld down! This play is worth at least $12.00 on the low end!!!
(157)
•••
cleareye
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Comment by
cleareye
on Mar 07, 2024 10:00am
RE:RE:Ramelius sound determined, krr.to to C$8.00?
I see what you mean. Let's assume Australian dollars until proven otherwise. Sorry about that. I have grown used to look at international deals as in USD, but there was some question in my mind.
...more
(13)
•••
schmidilein2713
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Comment by
schmidilein2713
on Mar 07, 2024 9:54am
RE:Ramelius sound determined, krr.to to C$8.00?
the article was in Australia and all figures have been in AUS$. How do you get to US$??
(157)
•••
cleareye
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Post by
cleareye
on Mar 07, 2024 9:44am
Ramelius sound determined, krr.to to C$8.00?
Considering the way Ramelius has broken this news, I assume that they are determined and that they will pay at least US$1 billion. So that means that krr.to should go to roughly C$ 8.00. Unless
...more
(57)
•••
Highwired7
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Post by
Highwired7
on Mar 07, 2024 9:41am
This News Boosted KRR over $5, Covering/FOMO To Fair Value
Nice bump this morning, let's see if it holds or the mm's can knock it back down, I think it holds, since management refuses to advertise advertise, this leaked PR leak is just what KRR needed
...more
(157)
•••
cleareye
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Comment by
cleareye
on Mar 07, 2024 9:13am
RE:RE:RE:I've Never Seen KRR Move So Fast As Responding To This Story
I agree, I am surprised that it is Karora speaking of a merger - combination. They say they're looking after out interests but maybe they just want to maintain their jobs, and the assets that
...more
(190)
•••
Rainman01
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Comment by
Rainman01
on Mar 07, 2024 9:10am
RE:RE:I've Never Seen KRR Move So Fast As Responding To This Story
I would be very cautious about merger. Ramelius has 1,136,778,979 shares in issue with 57 percent institution owned we have 57 percent public owned. They were deluted 30 percent last year alone. We
...more
(157)
•••
cleareye
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Comment by
cleareye
on Mar 07, 2024 9:01am
RE:I've Never Seen KRR Move So Fast As Responding To This Story
Good morning Highwired7, It is all very odd. Ramelius has clearly stated that they are talking about a buyout. Karora are talking about a business combination. It sounds like Ramelius has become
...more
(38)
•••
daw2
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Comment by
daw2
on Mar 07, 2024 8:59am
RE:I've Never Seen KRR Move So Fast As Responding To This Story
It is a little suspect that the story should break during a strong up-swing in the gold price, good timing from a negotiating viewpoint.
(57)
•••
Highwired7
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Post by
Highwired7
on Mar 07, 2024 8:51am
I've Never Seen KRR Move So Fast As Responding To This Story
Almost looks like a leaked bit of news and was a shitty written article. I get the feeling KRR didn't want that out and exposed and had to address it . Sort of a hand in the cookie jar moment
...more
(26)
•••
atchouk
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Comment by
atchouk
on Mar 07, 2024 7:53am
RE:KRR real monetary value
I am not greedy. I would be happy to sell for 1.5 B. They are “currently in exclusive discussions with Ramelius regarding a potential business combination”. We will see soon.
(190)
•••
Rainman01
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Post by
Rainman01
on Mar 07, 2024 7:34am
KRR real monetary value
To look at a realistic value for KRR you must look at everything . We have 82 million cash plus 40 million on paper for Dumont 2 mills worth 1 billion and a new ramp and new equipment 50 million plus
...more
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