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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Karora Resources Inc > Globalism vs nationalism

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Comment by Pandoraon Aug 19, 2020 6:43pm

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Post# 31431072

RE:RE:RE:RE:RE:Globalism vs nationalism

Just couldn't resist - quite often bully's get bullied (se Portland) -- but I don't know the facts -- now back to gold.

BYN had a good day but KRR did not. Price of gold now down to $1941 and presumably kicked a lot of company's in the teeth. Not sure if anything caused it other than just profit taking which is a regular occurrence. Will it continue into tomorrow or will there be recovery.

Gold has been known for sharp run ups followed by quick sharp downfalls. See 2011 -- that $1900+ did not last all that long. 2 months above $1800 but the financial scene today is supposed to have a far more lasting effect. It's been a very long time since we had $50 - $100 and more daily flips in the price of gold.