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 > KRR Trades

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Post by MVargason May 01, 2024 12:46pm

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Post# 36017646

KRR Trades

A bit of a head scratcher that KRR can be down over 2% today when gold is up $18 (as I write this), with most other gold stocks are also up and KRR already trading lower than the equivalent WGX price.

WGX closed at $2.15 last night which, excluding any value for SpinCo, is equivalent to a KRR share price of $5.45 and with gold up today, WGX will surely trade higher tonight. Yet KRR is being sold for under $5.25 here today.

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