Karora Resources Inc T.KRR

Alternate Symbol(s): KRRGF

Metals & Mining Gold

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.

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Karora Resources Inc > will add if it stays weak

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Comment by materialsgirlon Nov 27, 2021 12:23pm

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Post# 34172211

RE:RE:will add if it stays weak

Takeovers at a premium in the gold space are rare in recent years.
The reason is that 90% of takeovers at a premium in the 2010-2016
era went bad, sometimes really bad. Barrick was a big offender but
many others misjudged the market too.

If a big company, (1 million+ producer) takes us out then we would get
a healthy premium. No point in chattering about a merger of equals.

But first let us get to 200,000 production and a giant increase in gold
and nickel resources.

mat

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