Karora Resources Inc (KRRGF)

[ConferredDiligence]

Eric Sprott re-affirms endorsement of RNC

Eric Sprott 2/7/2020 : « Royal Nickel, Australia, they seem to be doing much better. I think there projection is something like 100,000 ounces this year. Now, I don't really know the market cap right offhand. But, I would suspect that it's probably half of what might be typical of a producer like that. It looks like they have more opportunity there with the acquisition that they had that there might be some interesting places to explore and find and develop quickly. We still haven't come up with the sort of big nugget effect hit in the Beta Hunt mine. That could happen at any time I got to believe there's going to be some rather big hit that can be quite instrumental in changing the fundamentals for that company very quickly. So, I'm a big owner. I haven't bought it in quite a while. But, I like it here. »