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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

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.


TSX:KRR - Post by User

Comment by Pandoraon Feb 19, 2021 8:47pm
294 Views
Post# 32616981

RE:Up and downs and downs and downs...

RE:Up and downs and downs and downs...
Rocknrolla wrote: I am beginning to think this dog don't hunt. Held for over 2 years and nothing but downs. Frustrating to say the least but l am holding for now. Let's get some action on this thing Huet your public awaits.


Yes, I'm of a similar thought. Got in on the Father's Day find and it's been pretty much on the downside ever since. I am holding because of all the rhetoric about gold increasing in value because of the money printing machines -- $3000 gold.... but that has turned out to be a flop story thus far. I even convinced my son to change some of his RRSP mutual fund into a gold fund as pog was running up during the July/August time frame - price of gold has been down every month since. After the experience of the 2011/2012 run up and down re the $1900 level I should have known better. That's when Rob McEwen was forecasting $5000 gold. Ten years later we're struggling at that $1900 level again.

In the meantime my son wonders what the hell I was thinking. Yes, should have known better than to give advice.
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