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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 Sep 24, 2023 8:26am
131 Views
Post# 35651125

Positive or negative?

Positive or negative?By now, I would suspect that most folks that are interested in gold and cash as an alternative to declared assets have heard or read about the most recent scandal involving U.S senator Bob Menendez from New Jersey. By the way, he is know to be a firm ally of Joe Biden who is also from N.J.
It appears that about half of Menendez's net worth consisting of both declared and undeclared assets are tied up in hidden away cash and gold.
If it were known that some famous well respected celebrity had 50% of his or her assets tied up in cash and gold, it would create a run on the banks as well as a new gold rush. By the way, a new gold rush would undoubtedly have a dramatic increase in the price of gold thereby affecting the fortunes of KRR.
Instead, we have a sitting senator with an already sleazie reputation putting a stain on the idea.
The only question I would ask is: 'What does this guy seem to know that we don't'.
Putting in another way, why would anyone associated with the establishment have such a percentage of their assets tied up in physical gold and hidden away cash.
I know!!, Sounds like another conspiracy theory. Maybe so.
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