Koryx Copper Inc V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

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.

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Koryx Copper Inc

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Comment by LionelHutzon Jan 27, 2012 3:06am

378 Views

Post# 19456066

RE: RE: insider sales

Just checked SEDI; he did report a sale of 500,000 shares of DSM but also sold large positions of other issuers he is an insider of in trades within a few days of each other. Maybe he just needed the liquidity? I don't think he all of a sudden lost confidence in a bunch of the Forbes issuers and the holding company for them and started dumping shares.

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