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.

Bullboard Posts

Post by member321on Mar 15, 2011 10:48pm

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Post# 18291170

Metals and Mining Reversal?

Something interesting in the Capped Diversified Metals and MiningIndex. At the end of February - first week of March it looked like theindex was headed back up to the 50 day moving average when global eventsintervened and sent the index into a nose dive. However, look whathappened two days ago and today. Despite the Japan earthquake and thenuclear plant meltdown threat the index did a dramatic reversal on theday and ended up 20.52 points or 1.54%. This is very early but giventhis reversal on a panic day of selling this may be indicating the startof a reversal in the sector.