Koryx Copper Inc. V.KRY

Alternate Symbol(s): KRYXF

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. > This is an ugly mess. I am so underwater on this deal.

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Comment by Yepnewpapyon Jan 05, 2022 12:36pm

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Post# 34285656

RE:This is an ugly mess. I am so underwater on this deal.

Yes it's dead money for now and until March
So far the Ministry of Mines produced no evidence to sustain their decision
Most likely the monkeys running the Ministry had a buyer for the concession but DSM screwd them with a court decision not allowing the Ministry to sell the EPL to a trird party.

Sooner or later the Ministry will have to reinstate the EPL to DSM

While waiting for the BS to end, CEO Pierre Leveill is very active to acquire another project in a better jurisdiction.

Until then there is an opportunity to buy the cheap stock.
Personnaly I'm bidding 0.055@
At that price it's the price for a clean shell with money in it and no liabilities.

GLTA

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