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Koryx Copper Inc V.KRY

Alternate Symbol(s):  KRYXF

Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.


TSXV:KRY - Post by User

Bullboard Posts
Comment by texasbobon Apr 23, 2011 1:59pm
278 Views
Post# 18477630

RE: Fundamentals in the Heavy REE Sector

RE: Fundamentals in the Heavy REE Sector"3. Lynas and Molycorp couldvery well crash the Cerium and Lanthanum price when they ramp up."

Don't think so. Lynas has to ship it's ore to Malaysia for processing. That is going to add significant costs to the final product. There will be more metal available, but the price may well be even higher. Molycorp is gonna have major opposition from California greenies in ramping up. Processing this stuff is an environmental nightmare. Look for lawsuits to hold this up for years. All they're working now is old tailings with an outdated mill. New permits will be required for a major increase in production.  :-)

glta
Bullboard Posts