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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 Dec 12, 2021 10:13am
331 Views
Post# 34222856

GDXJ was at 172$us in Dec. 2010

GDXJ was at 172$us in Dec. 2010So now 11 years later , GDXJ is at about 40$US...So, to return to those lofty valuations, the GDXJ would have to go up 4.2X from here...Now if , for example, Silver Lake went up 4.2x from today, it would have a market cap of 5.46 billion$cdn....So if krr gets to be a 250 k producer like silver lake with perhaps even a much lower AISC due to nickel credits, is it not reasonable that Krr could attain the same market cap as Silver Lake....A 5.46 million$cdn market cap would give Krr a share price of about 34$/share...We just need for the gold price to start going up and help create a new gold fever...
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