OTCPK:KRCLF - Post by User
Comment by
Farquaron Sep 10, 2022 7:27pm
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Post# 34954619
RE:Enjoy your posts Farquar
RE:Enjoy your posts Farquargoldstd69 wrote: informed, thoughtful posts...rare on Stockhouse
Thanks....I am just trying to bring to light what we got here...It's not all doom and gloom, although the shorts would love us to think so ... Everything is all coming together .....if the price of gold co-operates and goes much higher , this stock can shock people as to how high it will go...2023 guidance calls for 150k -170k gold production which is 37,500 ounces to 42,500 ounces of production per quarter...If krr produces 37,500 ounces in Q3 or Q4 , they will instill great confidence in their ability to produce at least 150,000 ounces in 2023...But with the second ramp being finished by say March 2023, we are talking about another whopping 300,000 tons of gold ore being fed into the mills each subsequent quarter at probably a net grade of 2.5 g/t..Do you know how much more gold production that is? We are talking about 24,200 extra gold ounces produced or almost another 99,000 ounces in a year above and beyond the 150,000 pre ramp#2 gold ounces already being produced... Anyway if Krr ends up producing that magical 37.5k gold in Q3 or Q4 , we should see a huge pop in the share price...Once the second ramp is completed , we will see another big pop in the share price....All this is in the immediate future not years away....