Karora Resources Inc T.KRR

Alternate Symbol(s): KRRGF

Metals & Mining Gold

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

Karora Resources Inc > KRR real monetary value

<< Previous

Bullboard Posts

Next >>

Comment by MVargason Mar 08, 2024 3:34pm

132 Views

Post# 35923486

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:KRR real monetary value

With the share price now at $4.70 which is less than the day before the disclosure of the poosible takeover by Ramelius, it looks to me that the shares are likely being shorted today to make the offer appear more attractive.

Who in their right mind would accept shares of a company not traded on any major NA exchange at a value less than the 2023 KRR closing price when the POG has risen almost $200 since then?

<< Previous

Bullboard Posts

Next >>

AtkinsRéalis supports Poland’s nuclear power endeavour