We end October by returning to the junior copper space to look at Koryx Copper Inc. KRY-X Koryx stock is up 79 per cent over the past six months. It had been range-bound around $1.00, but broke out after it announced updated preliminary economic assessment results for its 100-per-cent-owned Haib porphyry copper project in southern Namibia. Insiders have bought more than $1.5-million worth of shares over the past six months. Since the PEA, CEO Heye Daun has bought 800,000 shares in the public market at an average price of $1.38.
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Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.