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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 May 23, 2023 1:56pm
154 Views
Post# 35460592

So at the opening bell Krr drops 5% but others are up

So at the opening bell Krr drops 5% but others are upSo, when the TSX opened today or right before it opened , you could see that most gold stocks were opening flat or up a little and some caaes down a little just by looking at the bids and the asks. 

I have level 2 trading on my account and so I can see  all the bids and the asks on different stocks or supposedly I can see ..

Why would anyone dump their Krr shares way below market prices when  the whole junior gold market was ready to open relatively calmly? So if Argonaut gold was opening flat and NFG was opening up 1% or AEM was opening flat, why wouldn't the seller of Krr stock ask for maybe a couple of pennies under yesterday's krr closing price? it doesn't make sense to dump your shares 5% LOWER than everyone else's shares? Why not wait a few minutes and sell your Krr stock at a very miniscule loss? Everyone could see that the gold stocks were holding up pretty well this morning.

Now gold is green and KRR is still down 5%...Why? Because it's being manipulated , that's why... No other logical reason other than they are colluding together and using KRR as a whipping boy...This is the 100th waterfall drop for KRR that had no basis in reality or solid reason for occuring...
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