Karora Resources Inc (KRRGF)

[geodan]

Eric Sprott audio on KRRGF. The stock is doing well again today, good to see that from Sprott but he can say more and think will. What like the most is "So, theirs your 100,000 ounces producer that might be worth a billion US which is trading, I don't know what the market cap is, I think 400 million canadien something like that and lots of exploration upside." It is in USD Market Cap (last close)$305.71M so he is implying a 3.3 bagger from here in the rear view mirror just the old run rate. Tend to agree with his take on what normal market cap should be based on past, BUT that does not have FDV, Spargos, ore sorter, etc. etc. baked in as that is coming up.

Again notice a higher % on USA side than normal. Tonite will see what happens to shorting at IB. It has held steady since Tuesday at a very high level, BUT that is 3 day delayed, So tonite will show is it dropped greatly on run-up and apparent short squeeze on Tuesday. If still the same high short position tonite then will have to scratch my head.

The chart just looks fantastic , 4 big green candles with heavy volume and another 52 week high. Clearly the big breakout we have been waiting for.

Cheers

Sprott audio this week