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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 MaterialsManon Feb 02, 2023 7:37am
258 Views
Post# 35261615

Is today the day?

Is today the day?Gold and silver are making pretty good moves as I write. We should know between 8:30 & 9:;30 a.m. if today is the day that we break through 2k & $25. Pretty sure it is ground hog day, to help in remembering the date. Now, a word regarding inflation. Either The FED is out of touch with reality, or, it is merely bending to the establishment. Here is my example. The U.S postal service at least in my neck of the woods is not delivering mail on a regular basis. I have some regular verbal exchanges with my postal carrier. Also, there are regular features on local T.V. highlighting the problem. Some of the things I've been told include the fact that the part timers quit fiirst. Better opportunities at the Wallmart distribution center that include benefits. Since then, the supervisors simply shiifted the burden on to the full time staff which are on salary, while also requiring that they work 6 & 7 days a week.  A carrier needs  30 yrs. to retire. Mine said that a good friend of hers with 28yrs could not take any more and walked away. They had a job fair , and nobody showed up. Apparently the union can't do anything until contract time in four months. What knowledge can we gain from this situation?  Wage inflation has not begun to show its ugly head. In the past, just the word inflation drove precious metal  prices up. I think eventually, that these increases will occur. Then, the establisment folks decide to buy in. That will be the big mover.
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