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 wildman4on Mar 10, 2011 6:45pm

151 Views

Post# 18268279

RE: RE: News out - financing cancelled

This is from their press release on it:

I have to say that if they could not get good value, then this the right move for sure.

Dacha has seen a substantial rise in its metals inventory value since Dec. 31, 2010, which has not been reflected in its share value. Therefore an offering at the current share price would not be in the best interest of its existing shareholders.

With that they are basically saying that we should be buying their stock, n'est-ce pas?

Bullboard Posts

New Pacific Metals delivers robust Silver Sand pre-feasibility study