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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 > How aggressively is our CEO trying to sell the company?
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Post by cleareye on Mar 11, 2024 1:32pm

How aggressively is our CEO trying to sell the company?

I am curious if our CEO is agressively trying to sell the company or if it is just a matter of addressing the offers of suitors as they come along.

Any thoughts?

cleareye.
Comment by Rainman01 on Mar 11, 2024 5:04pm
At the present time it seems like he is selling us out. To cut 53 million a year this is negligence. Most CEO would do the exact opposite you would promote your company not down grade. Your thoughts?
Comment by cleareye on Mar 11, 2024 5:36pm
Hi Rainman01, The last few days, since the leak of information regarding negotiations with RMS, have been frustrating. I am not as angry as you, based on my reading of your words. I have some perspective on managing and leading companies and I know that it isn't at all easy. What has happened over the past week has been undoubtably difficult and frustrating for Huet and company as well as us ...more  
Comment by Rainman01 on Mar 11, 2024 5:47pm
I was fine until first the leaked information and then today announcement really opened my eyes about management. There is a post just up about the mining conference last week and the old guidance was the same. There is some calculations on how much we gold we should be mining this year and it is not in line with our new estimates. I have really tried hard to stay positive about KRR but things are ...more  
Comment by Odinson on Mar 11, 2024 8:00pm
I keep bringing Makuch into this discussion because a similar thing happened with both Lakeshore Gold AND Kirkland Lake Gold. He is a "Director" on the Karora Board.
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