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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 MaterialsManon Jun 20, 2023 1:52pm
107 Views
Post# 35505670

RE:Bank of America had a non-comex position of 101 billion$

RE:Bank of America had a non-comex position of 101 billion$Alarming and disheartening, but not necessarily surprising.
Just imagine if these buggers could only deal in the physical metal, and not in derivatives.
It would be a different ball game.
I noticed that the 2/10 spread is back up to one full percentage point. 
I looked at charts to see if there might be a correlation between large spreads over the years and a significant increase in the price of gold. Came up empty on that one.
I guess the signal sent by a significant inverted yield would be the expectation for a recession. In the event that someone is totally dependent on their job for income and they end up unemployed, for them, it becomes a depression.




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