Karora Resources Inc T.KRR

Larkin is looking very good !

[Farquar]

I am not a geologist but trying to guesstimate how much gold is at Larkin . Spargos deposit is about 400 metres long and most gold intercepts are under 100 metres deep, but it has approximately 1.5 million tons of 3.1 g/t for about 150,000 ounces of gold.. Larkin is already1000 metres long and as deep as 175 metres at some places, they have shown multiple intercepts of 5 g ++ gold, and on at least 2 occasions , maybe 3 , management has said Larkin is looking like a 5 g/t deposit..So if we make the assumption that Larkin is at least double the size of Spargos we get 3 million tons of ore @ 5g/t = 483,870 ounces of gold.. Of course, as I have mentioned, I am not a geologist , so if there are any geologists out there, reading this , feel free to critique this guesstimate...But if I'm in the right ballpark, then Larkin on it's own can make Krr a 200,000 ounce producer, way ahead of schedule...1.6 mt x 5.0 g/t x 90% recovery = 232,258 ounces.....What's very encouraging about Larkin is that it is still open at length and at depth...One more thing, the new reserves estimate that will be coming out late 2021 or early 2022, is going to give the share price a nice pop , as all this drilling will certainly add several hundreds of thousands of proven ,probable, measured, indicated and inferred ounces...Krr keeps getting stronger every quarter...

[materialsgirl]

Once again Farquar you are apply good logic. Your musings seem reasonable or maybe even  conservative. A mystery for me is why the heck does the market not  recognise the reality today We seem to be trading at a 50% discount to true value. Sooner or later a major player will try to take us out. The usual suspects for a discount are absent here; ** government confiscation

[Farquar]

The gold market is experiencing alot of fear, uncertainty and doubt (FUD)..So, even if all those things you listed have not happened, scared investors start to believe they could happen, so until we exit this mini-bear market, the gold stocks will continue to underperform...However, even with such cruddy sentiment, Krr should go up in price just because they are adding value every quarter. ..As

[RHertig]

I don't doubt we have a hundred year property right now. I have no interest in buying more. The bottle neck is the mill. Start building a new one 3 times the size yesterday is my vote.