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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 materialsgirlon Nov 25, 2021 11:36am
153 Views
Post# 34165291

RE:There are 7 active gold mills in Karora's back yard

RE:There are 7 active gold mills in Karora's back yardAn excellent post Farquar.

I feel confident that sometime in the 2022 to 2025 there will 
be some flashpoint event to take us the the promised land 
of $C1.5m or maybe $12 a share.

The wild card is the POG.  If gold is $1,500 then the share price 
will be under $10
If the POG is $2,200 then the share price may be much higher.

Another point is that the circling takeover hawks will have crowded 
skies if annual production of 250,000 ounces is clearly visible.

We will not survive as an independent entity unless we become a
takeover hawk ourselves

mat
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