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Bullboard - Stock Discussion Forum
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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TSX:KRR - Post Discussion
Karora Resources Inc
> It's not rocket science...Gold goes up = juniors go up
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•••
Farquar
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Post by
Farquar
on Dec 13, 2022 10:15am
It's not rocket science...Gold goes up = juniors go up
The juniors that will go up the most or who have the most leverage to the gold price are
producers
...Krr is in their sweet spot as they are almost doubling their gold production in 2023 ( compared to 2021)and increasing their nickel production 5X by early 2024 compared to what they are producing in 2022...
If gold breaks out to new highs, krr should hit 7$ -10$ , just for starters...
(207)
•••
materialsgirl
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Comment by
materialsgirl
on Dec 13, 2022 2:44pm
Cheer on Farquar; Nickel used to be considered to be 5% of the value of the ore body. Will it surpass 10% or 12% of production by 2024? Farquar, have you done any math doodling about this? mat
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