Koryx Copper Inc V.KRY

A Good Stock BUT Price is locked around 12 cents. Why?

[currency24]

Koryx is a good stock with very goood potential BUT, as you can see its locked around 12 cents up/down 1.5 cents - WHY - lots of questions. A price Lid??

As respects to burn rate and cash - prior post is wrong by some one, they have about $700000 CAd burn rate around $50000 - Look at when the last financing shares become tradable? They will need to raise funds for any Major work

[drongodragon]

Like to see them do a LIFE raise at these levels and an achievable warrant price. Doesn’t have to be big, maybe another $2m. Good prospects for a big jump in their resource estimate and economics.    This from a few weeks back is enough encouragement for those like me sitting on the fence.    https://www.reuters.com/markets/commodities/shortages-key-coppers-upward-price

[Ochterloney]

reverse split again: this is the third time that my stocks have incurred a reverse split all to my detriment and to the benefit of th e insiders. they recover by issuing more owners' options at bargain prices. no wonder there is such distain for the juniors. I had 125,000 shares and now I have 25,000; what a way to run and control the public market.   I know the  reasons they

[jrj90620]

So,why is the stock soaring on this news?

[drongodragon]

Well, I can’t believe other investors decided to get off the fence because they read my post but maybe this strategy gives them greater confidence moving forward. Institutions too.    Ochterloney,  hope you’re rewarded for your patience. I’ve been burned too many times by consolidations but it’s an inherent risk in the juniors. Doing this before an updated PEA and a copper