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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 Goldbug52on Nov 09, 2022 8:39pm
160 Views
Post# 35087111

RE:Krr's AISC of 1069$ is a huge, huge deal

RE:Krr's AISC of 1069$ is a huge, huge dealHi Farquar :-))! Thanks for your many good posts!
   Don't know if you've checked Wesdome's earnings report, just released? Loss of .03 cents per share and AISC of $1697 US per oz, lol! What's wrong with this picture, Krr at $3.40/shr and wdo at $8.90/shr? Of course we also produced more gold in the quarter!
   If y'all checked a host of other gold miners, almost all have greater AISCs in the third Qtr than Karora, from Agnico at slightly over $1100, to Barrick at $1269 US, to Kinross (also just released) at $1282 US, plus a lot of other well known names up to and over $1500 US/oz!
   Absent a large gold price increase tomorrow, I thing Wesdome gets clobbered tomorrow! Some may say that they have a lot of good things coming in their pipeline, well, so does Karora!
We also have that nickel which is really appreciating in price and if you check the Kitco website the stockpiles are depleting and at levels not seen in many years!
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