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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 Highwired7on Mar 15, 2024 10:01pm
218 Views
Post# 35936153

I'm Out, Sold It All Today...

I'm Out, Sold It All Today...Monday morning's earlly release of negatively revised guidance/AISC was clearly done to knock down and cap the SP by our own management, absolutely no doubt about that, it was sleezy, unprofessional, unethical, dishonest and probably illegal, and that was it for me. For some reason, they want this low ball offer to go through, I'm not going to stick around for what comes next....an anouncement on Monday? They will crash the stock, include  millions of illiquid ASX shares in the deal and if sued, litigation could take months, if not years. With every miner at their lows, there are just too many other oportunities available with better management that values it's shareholders. No wonder management sold all their shares they don't want any part of Ramelius's billion shares either. Oh, and when the dust settles, Ramelius will do a R/S and trash the share count of their new ex KRR shareholders! NO F*ING  THANKS GLTA!
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