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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Karora Resources Inc > Canadian minority

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Comment by Pandoraon Apr 18, 2024 10:15pm

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Post# 35997276

RE:RE:RE:Canadian minority

Rainman01 wrote: That is why if you have a tfsa or rrsp trading account the are tax free sort of .

The RRSP/RIF is not really tax free. It does not have tax applied when you make trades but whenever you wish to withdraw money it is taxed at the applicable rate at the time. You are right in the fact that a capital gains increase will not affect your gains at the time but who knows what they might do over the time when you wish to withdraw it. If they can scheme another tax plan they might do it. The TFSA is the gem that we have for now but I do not trust the JT/CF duo to leave it untouched the longer they are in power.

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