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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 plezenlightenon May 13, 2022 4:16pm
138 Views
Post# 34682886

RE:RE:Anybody have any theories

RE:RE:Anybody have any theoriesI think that it's a co-ordinated effort by Americans to control Canadian assets, especially junior mining companies. MMs have scared the hell out of retail investors by causing massive swings in SP. Good news or bad doesn't matter. The American stock exchanges almost always record twice the volume of trades as the TSX. If you watch the daily trades, how many 100 or less buy/sell trades appear by the same traders repeatedly whenever activity slows down. The SP of nearly every promising Canadian mining company seems to be manipulated by much bigger players. Knowing when the big banks are going to drive the price of precious metals down allows insiders to know when to buy & when to sell. Accumulating shares in producers of precious metals is insurance policy against the collapse of the US$. 
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