Koryx Copper Inc. V.KRY

Alternate Symbol(s): KRYXD

Metals & Mining Copper

Koryx Copper Inc. a Canada-based mineral exploration and development company. The Company is in the business of exploring and evaluating mineral properties located in Africa. Its Haib copper project is located in the south of Namibia. The Haib project lies approximately 12 to 15 kilometers (km) east of the main tarred interstate highway connecting South Africa and Namibia and the nearest railway station is at Grunau, approximately 120 km north on the main highway. It also holds three copper exploration licenses in the center of the Zambian Copper belt, which includes Luanshya West project (license 23246), Chililabombwe Project (license 23247), and Mpongwe project (license 23248). The license 23246 covers approximately 5,423.26 hectares (54.24 square kilometers (Km2)). The license 23247 covers approximately 2,200 hectares (22.5 km2). The license 23248 covers approximately 67,500 hectares (675 Sq. Km).

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Koryx Copper Inc.

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Comment by member321on Feb 18, 2011 11:18pm

161 Views

Post# 18162883

RE: RE: RE: RE: RE: RE: 2 questions for long holde

Share dilution will be some what irrelevant since they will be issued at market value. The share count may go up but porportionally so will the asset value.

Existing shareholders will benefit as the additional REE's acquired will appreciate and increase profit margins. It will also strengthen Dacha's place in the supply chain. The new funds will be exchanged for hard asset REEs that are in short supply with demand climbing and new supplies still far off.

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