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).

TSXV:KRY - Post by User

Koryx Copper Inc.

Bullboard Posts

Comment by member321on Feb 27, 2011 1:24pm

200 Views

Post# 18201510

RE: RE: RE: RE: RE: RE: Inside China

The major long term trend is down because the share price took such a large nose dive last April to June. However, since then it has been trending back up. The volitility has been decreasing and the share price has been closing in on the 40 week moving average - the MACD is coming up to the zero line. Technically watch for the share price to cross over the 40 week moving average. You can also see this on the shorter term daily chart with the 50 day moving average slope in the last two weeks trending up so ever slightly.

Here is the link to the chart:

https://stockcharts.com/freecharts/gallery.html?DSM.V

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