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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 Mar 10, 2023 1:15pm
217 Views
Post# 35331077

Is this the very beginning of a massive gold stock bullrun?

Is this the very beginning of a massive gold stock bullrun? It's been like maybe 13 years or so that the gold stocks have been in a long-term downtrend.. If you look at the charts , the juniors as a group have done horrendously in the 2010's and 2020's....At some point this downtrend is going to reverse and the beachball that's been held deep underwater will explode upwards very violently. It's simply impossible mathematically speaking for this trend to continue..

All of us investors who have endured enormous dissapointment being invested in this gold sector that has lost us a ton of money, will finally start making serious money very soon and the uptrend for gold juniors is going to last for many years to come.. 

We just need to hang on just a little longer but who knows, maybe the wait is over and maybe today marks the end of this downtrend and from here on out , we may start experiencing a bull gold market for the ages....
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