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.

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Karora Resources Inc > To: mjh9413

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Comment by RabiesSuplexon Mar 10, 2024 11:06am

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Post# 35925144

RE:RE:RE:RE:RE:To: mjh9413

All the leaked details that have come out, have sounded like we're getting a raw deal. If RMS is looking for new reserves because they're reaching end of life of theirs, that is an existential crisis for a mining company. We have the UPPER hand here I would think because we have time on our side.

Gold price is at ATH.
The gold is in the ground.
A leveraged buyout is challenged because of interest rates. Give this more time and rates will come back down. We should starve RMS to up the ante and we should have better interest rates then.

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Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire