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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

Post by Farquaron Apr 15, 2021 10:33am
135 Views
Post# 33000037

The whole silver market = only 2 million 1000 oz bars

The whole silver market = only 2 million 1000 oz barsBitcoin has a total supply of 21 million possible coins....Each coin is worth 63,000 $US...........The physical silver market consists of only two million 1000 ounce bars ....Each bar is worth about 26,000$US..........The silver bitcoin equivalent, the 1000 ounce bar , is 10x more rare than the one bitcoin yet is trading at 40% of the value of that bitcoin..Another way to put it , Bitcoin has a market cap of 1.2 trillion US$ , wheras the market cap of physical silver is only 52 billion US$...... I believe the silver apes are going to overwhelm the physical silver market in the next few months if not weeks....Silver will explode soon and so will it's older brother gold.....Gold and silver stocks going to go ballistic, just like the cryptocurrency market... F
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