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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 Farquaron Sep 01, 2021 1:25pm
167 Views
Post# 33795048

RE:RE:RE:Canadian Stock Market Corruption...

RE:RE:RE:Canadian Stock Market Corruption...
Highwired7 wrote: Farquar: I think more than "short and distort" posters on CEO, there are far more pissed off longs (myself included) venting at Paul Huet's lack of candor and lack of concern about a pitifully low share price while continually rewarding himself / management handsomely with performance shares. 
Regarding the NCIB and KRR buying back 10K shares once in awhile, what good does buying 10K shares on an unscheduled infrequent basis....it doesn't scare the shorts or stop the morning / intraday daily bleed and it doesn't meaningfully lower the float, IMO it is total waste and misuse of funds and amounts to nothing more than window dressing. 
Additionally, rubbing salt into retail shareholders wounds is the lack of drill results and other regular progress (A-zone / Beta Hunt anyone?) NR's since April, PH's favoring of institutions (precisely the ones manipulating and shorting the stock) over retail and Oliver Turner stating in an interview that KRR is fairly priced at this level, etc, etc. I could go on and on...taik about a lack of transparency.


When Oliver Turner said that Krr was fairly valued, it was trading at around 4.00/share but what people forget is that he said that beforethe growth plan came out . He said that krr would be revalued higher once the market saw the growth plan...Just another example of so called longs at cesspool.ca being deliberately negative towards management and the company in general...So maybe somebody should ask Turner what he thinks the fair value of Krr is now...Btw, whatever Turner thinks, it is just his opinion and he does not represent the whole market...however, I think we should take note of such remarks from management and not forget...Turner sold a whole bunch of shares a couple of weeks before the release of the growth plan, so I think we , as shareholders, should keep an eye on this Baystreet insider who happens to work for Karora...
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