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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 Highwired7on Jul 13, 2021 3:36pm
263 Views
Post# 33536896

Something Is off About KRR

Something Is off About KRR
"I read somewhere one of the conditions that must be met to qualify for a good takeover target is the stock must be controlled mostly by Insiders and Institutions. Not Retail. That seems to fit here. Also agree 1900 sq.km's is too big to cover for a company our size in reasonable time frame. So could he be grooming Krr for a takeover, quite possibly yes." 
 
It would explain why all attempts to raise the stock price are constantly being squelched, 
why PH is sandbagging production, could have easily come up with the 750 ounces needed to put us over 100,000 ounces for 2020,
why insiders are not spending their own cash to by common shares,
why insider selling increased right before growth plan release, 
why there is no regular news flow of significance, 
why there are no regular drill results after spending millions, 
why there are no buybacks supporting the SP at anything above 3.40, 
why Beta Hunt and A zone progress is silent.
why nickel isn't being capitalized on while prices are at all time highs.
I could go on and on, there are so many missteps and discrepancies in how this company is being managed, I'm just trying to make sense of it. I learned long ago that if too many things seem off for a long enough period of time, it is most likely intentional.
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