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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 Jan 11, 2024 9:20am
189 Views
Post# 35821082

Peter Thomas is Bucco , beware of this shorter

Peter Thomas is Bucco , beware of this shorterHe's gone by the name Andrewski as well.. 

If Peter Thomas is commenting here, you can be sure some sort of coordinated nefarious shorting campaign is going on at the moment...

This guy is from the dark side ..lol 

The best antidote against shorters is great performance..

Krr can hurt the shorts if they come out with a strong Q4 report..

This large trading group of which Peter Thomas/Bucco might be a member of or even the leader, can be scared off by strong production and strong profitability.

In Q3 KRR generated 43 milliion $ cdn of Cash flow.. If production was in the 40,000 ounce range in Q4, KRR's cash flow could have hit close to 50 million $ because of a higher gold price average of 1978$ instead of 1931$...

50 million $ cash flow per quarter is 200 million $ cdn of cash flow on an annual basis.. A small company that is generating 200 million$ cash flow is doing extremely well.. KRR 's share price should go much higher in 2024...

Would love to see a short squeeze here...
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