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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 Mar 07, 2024 3:28pm
205 Views
Post# 35921213

Price and activity

Price and activityOver a million on the Canada side. Getting close to a half million south of the border.
No significant uptick that would suggest that a significant premium is being offered.
Of course it would be a huge nono if that info got out. 
So, maybe some investors are speculating that a premium will be offered. Be a heck of an opportunity to buy more now before trading gets halted (if it even does), then wake up Monday to a pleasant surprise. I don't think there is much downside risk.
I noticed that RMS closed down quite a bit before its trading was halted.
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