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

Post by member321on Apr 06, 2011 9:38am

184 Views

Post# 18392209

Short Interest

Short interest jumped 917,500 from 4,000 as of 15 March to 921,500 as of 1 April.

Here is the short interest report:

https://www.dailyfinance.com/company/dacha-strategic-metals-inc/dsm/van/short-interest

In the face of this short selling share prices rather then decline rose dramatically from an interday low of
.34 on 15 March to a high of about
.43 on 1 April.

Here is the price chart:

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

The only down day during this two week reporting period was the 16 March. The shorts got caught out badly betting against Dacha and they may have unwound some of their positions on 2 April when there was a large spike in volume and rise in share price.

With Dacha reporting a sharp rise in NAV to $.68 it has become very dangerous for shorters to bet against Dacha

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