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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 hellzon May 25, 2012 10:44am
325 Views
Post# 19945999

RE: Can someone explain to me how...

RE: Can someone explain to me how...

Pretty simple answer, the money movers & makers have had their fun with the Rare Metal push and pull. When the rare metal stocks were hot, the space was buzzworthy, Every day or so you'd see some fluff piece on the space & the ever "tightness" of supply, and the iron fist of china. All the players in the space have suffered the same fate as dchaf, beit moly, avalon, rare metal, the buzz has died down so much I can't even recall the names,...still..at this point one would think value exists, But truth is with the way the casino is run, dchaf could very well have a NAV of $1 and trade at .10..if that's what's best for the house...still like dacha, and alkane, but the space is dead for now, Sort of the same dynamics exist with Platinum group metals,..fundamentals are strong, but prices are weak...time will tell...at this point dacha is just left to the mercy of the markets, regardless of their Nav or holdings value. 

Bullboard Posts