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Bullboard - Stock Discussion Forum 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... see more

TSX:KRR - Post Discussion

Karora Resources Inc > 200,000 ounce production in year 2021 ?
View:
Post by Farquar on Dec 04, 2020 10:23am

200,000 ounce production in year 2021 ?

Remember , to get 200,000 ounce production out of a 1.4 million ton/year mill, you need an ore feed of 5 grams/ton x 90% recovery.... So with all these high grades that they are discovering, I think it is highly probable that Karora could attain that 5 gram/ton average in 2021 by blending alot of high grades from different deposits to get to 1.4 miilion tons of ore .. If you use an average gold price of only $1800 and AISC of 800$ you will get 203,000 ounces x $1000 = $203 million US profit or 260 million$ cdn profit..... If the average gold price is 2200$ in 2021 then you get 203,000 x 1400$ = $284 million US or $363 million cdn....yes I said 363 million cdn profit! I am not even factoring in , things like nickel by product credits or ore sorters or the acquisition of another used mill which could easily add another 100,000 ounces of production... Like I've been saying all along, this stock is severely undervalued...
Comment by plezenlighten on Dec 04, 2020 1:25pm
Good analysis, however it's not undervalued it's manipulated by MM's. Someone big enough to buyout KRR is keeping the SP down to pick it up at the right price and/or just to accumulate cheap shares. Time is on their side so they will continue manipulating the SP until they own most of the shares or make a buyout offer when they feel the time & price are right..Support the re ...more  
Comment by Isl722 on Dec 05, 2020 1:44pm
I wonder if optical sorting could be used to increase the head grade going to the mill and affect the overall gold output.
Comment by Symbiotic on Jun 29, 2021 12:01am
And if you want something about the particular situation, no optical sorting could not be used. Lab assaying methods are not an accident, they are used for a reason. There are other methods some practical and some not in a dynamic situation. Discussion at length is probably beyond the scope of a reasonable length post. Well I had to check your postings to assess your merits.
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