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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 ggrelletteon Jan 26, 2023 4:43pm
240 Views
Post# 35248808

Share price lagging............

Share price lagging............presently. Very surprised the stock did not move higher on the recent news. Maybe it did move but I misssed it. Anyway the stock price of $5.20 to $5.30 range is well below where it should be trading in the $6.00 to $6.50 range. Had a conversation with a friend who also owns the stock and definitely agreed. Today I get a technical alert from my broker stating KRR is undervalued and should be trading in the range of what I said. Something to due with a flag formation. I am no Technical analyst but based on passed experience in this sector, the stock is undervalued here IMHO.
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