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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 Rainman01on Mar 10, 2024 8:29pm
261 Views
Post# 35925564

The deal or no deal

The deal or no dealRms has released a statement on there website. I believe RMS either wanted free publicity or someone leaked the information to warn us either way no deal. RMS is down a couple cents and I will definitely sleep at least tonight knowing that KRR is safe for now. Just because a stock is shorted as much as KRR that does not determine the true value . There is lots of different metrics in the calculations to find out any stocks worth. You don't just claim a company because they are shorted and take advantage of it especially one with the potential KRR has. Our worth is 2.5 to 3 billion dollars and that is a very generous discount. 
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