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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... see more

Bullboard (TSX:KRR)

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Post by MaterialsManon May 28, 2024 3:41pm

Waiting game

Who knows if anything is planned prior to the closing of the merger. The combined company will require prominent listings in the U.S. and Canada along with maybe a name change. A reverse split would ...more  
156
Discussion
Comment by mjh9413on May 28, 2024 11:22am

RE:Seriously undervalued

The recent probems with significantly increasing AISC at Westgold is a clear cause for concern despite them putting cause down to rain and mill rproblems. Latter also affected their gold output but ...more  
99
Discussion
Post by MaterialsManon May 24, 2024 9:06am

Is it being noticed

When the 2/10 spread was around 4  points, the word was that it was indicative of a not too distant recession. It's been hovering between 3.5 and 4 for what seems like eons. Now, all of a ...more  
238
Comment by grampax5on May 23, 2024 11:23am

RE:RE:RE:RE:RE:Seriously undervalued

I'm hoping to see $3. to $3.50 within 6 months after the merger
100
Discussion
Post by MVargason May 22, 2024 6:08pm

Another big jump in outstanding shorts

More than 2.4 million shares shorted in first half of May, bringing the total to 6.2 million.  Throughout 2023, the total shorts o/s was typically well under 1 million. It is incomprehensible to ...more  
249
Post by MaterialsManon May 22, 2024 3:29pm

Probably just a blip

IMO, 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 ...more  
148
Post by MaterialsManon May 22, 2024 6:12am

Can't hurt

WGX.AX was up close to 3% mid session overnight. Activity seems to be picking up with 50% above average volume. Maybe the Aussies are waking up to what is happening.
108
Comment by MaterialsManon May 20, 2024 4:28pm

RE:RE:Next stop

I wonder how this got up to 1.59. If this has the potential to become a meme stock, a little help might be in order. It can't be done alone.
92
Discussion
Comment by amishelvison May 20, 2024 1:43pm

RE:Next stop

WGXRF is traded so thinly that it doesnt count imo.
40
Discussion
Post by MaterialsManon May 20, 2024 6:44am

Next stop

Well, AU seems to have held onto its gains overnight. Other metals are following suit. Typically, at approximately 8:30 when gold trading in NY opens, there are pretty good moves up or down. The great ...more  
178
Discussion
Post by MaterialsManon May 19, 2024 9:21pm

Breakout continues

After the first three hours, gold is up to around 2440. About 20 bucks. WGX.AX response is tepid, up a little. Here's hoping the trend keeps going.
87
Comment by Rainman01on May 19, 2024 9:15am

RE:RE:RE:RE:Seriously undervalued

Both 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 ...more  
152
Discussion
Comment by MVargason May 19, 2024 1:14am

RE:RE:RE:Seriously undervalued

Yes MM, you are correct.  There is no reason/incentive to supress WGX's share price.  On the contrary the higher the price of WGX's share price when the merger is finalized, the ...more  
136
Discussion
Comment by MaterialsManon May 18, 2024 10:59am

RE:RE:Seriously undervalued

I would beg to differ. If if was a cash deal, you would be absolutely correct. But it's not. Two and half shares are two and a half shares regardless of the share price. The cash portion has been ...more  
147
Discussion
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