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Bullboard - Stock Discussion Forum 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... see more

TSXV:KRY - Post Discussion

Koryx Copper Inc > DSM needs to clean house
View:
Post by hipfner on Jun 26, 2021 3:12pm

DSM needs to clean house

(I looked at this project a month ago, liked the deposit, but wasn't impressed with the ore recovery nor the inevitable water issues trying to access an international river. I was looking for resolution before buying in.)

The CEO really messed up, bottom line, and he needs to be replaced. Just imagine the work that went into developing a plan, submitting to govt., and getting approval. Then the CEO decides not to follow the plan and, informed the ministry with no legal amendment? Clearly a breach of contract.

The Board can salvage this with a new CEO and submit a new plan for govt. approval.
They may have to raise cash, we haven't seen updated financials.

p.s. any slurs about bribes and stealing assets is highly out of line and nigh impossible. The govt. is still reeling with the FishRot scandal over off-shore fishing rights. And everyone is on their best behaviour.
Comment by Yepnewpapy on Jun 27, 2021 10:15am
Hipfner these are the real facts: (1) water, metallurgy, power, bio-leach ALL TAKING CARE https://www.deepsouthresources.com/investors/news-releases/deep-south-appoints-mets-engineering-of-australia-to-conduct-metallurgical-test-work/ METS will conduct the following test work and high-level studies: Bio-assisted heap leaching column test work (to be conducted at a laboratory in Australia) ...more  
Comment by givemeabreak1 on Jun 27, 2021 6:40pm
Yep That was some dumb stuff in the statement. "No Breach of Contract'  because the gov was appraised of the breach and did not object lol!  Sound to me like someone needs to go back to law school!   That is like saying I bought a car for 10k and paid 2k up front and promised to pay 8k in 4 weeks.  So after 2 weeks I inform you that I am only going to pay 4k ...more  
Comment by Yepnewpapy on Jun 28, 2021 6:27am
BLA BLABLA BLA  You don't deserve a break
Comment by FullCup on Jun 28, 2021 9:46am
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