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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 Trader1390on Nov 14, 2023 4:17pm
209 Views
Post# 35735358

What is the point of this board?

What is the point of this board?...other than providing a platform to some political theorists and speculators, none of which add any value to the discussion about Karora Resources Inc.

To those of you who are new and who stumbled across this platform... KRR is a decent to good mid-sized mining company with a small dedicated team that have proven their mettel. 

Gold miners in general are currently undervalued and poised for a breakout and considering the investing environment we currently find ourselves, KRR appears to be at the top of this list. 

Unless the world comes to an end in the next 2 - 3 years, I am comfortable with parking a significant chunk of my investments in KRR. 

I'm in it for the long run, and got in prior to 2018. The stock price has been bouncing around between $3.80 and 4.30 lately which gives smaller capital investors a chance to accumulate a larger position over time. A drop from these levels may be unusual but would prompt me to buy more.

I hold positions in stock as well as options. 

These are my opinions only and should not be taken as investment advice. 

 
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