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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 > Probably just a blip
View:
Post by MaterialsMan on May 22, 2024 3:29pm

Probably just a blip

IMO, there is no good reason for gold to be tanking the way it is.
It's being suggested that the threat of higher interest rates is the reason.
I doubt very much that there will be a rate hike in an election year. Plus, to my mind, blaming 
interest rates is total b*s*.
All the fundamentals are the same. I see this as temporary.
So far today  KRR stock is holding its own on big volume. That speaks volumes for Karora and Westgold.
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