Kryso is an emerging mineral exploration company that is principally focussed on exploring the gold and other precious metals deposits previously discovered in Central Asia during the Soviet Union era and then, where appropriate, bringing them into production.
Kryso, which has its head office in London, is a public company that was admitted to the AIM in December 2004 in order to continue funding the development of the Pakrut Gold Deposit, further explore the Pakrut Licence Area and to obtain and acquire other gold and base metal deposits in Tajikistan and elsewhere in Central Asia. The Group's executive directors and senior management are based in Dushanbe.

The Company's executive directors have a proven track record of operating in Tajikistan and they believe that Kryso Resources is the first foreign company to obtain a 100% interest in a mining and exploration project in the country.

From 1 April 2004, LLC Pakrut, a wholly owned subsidiary of the Company, was granted a licence and geological lease to explore and exploit the Pakrut Licence Area which comprises the Pakrut gold deposit and the surrounding 6,300 hectare exploration area located in the metalliferous southern Tien-Shan Fold Belt. This belt is reputed to have the second largest known gold resource after the Witwatersrand in South Africa.

The Group intends to conduct a feasibility study to assess whether the Pakrut gold deposit can be developed into a producing mine and also intends to explore the already identified mineral deposits and areas of mineralization in the Pakrut Licence Area.

don't you just love these yoyo shares!
surely yet another rodney share

The world is your lobster Cynic , this time next year I will be a millionaire.

Notification of Change in Shareholdings


The Company confirms today that is has received notice as follows:


On 26 October 2010, Natasa Mining Limited disposed of its holding of 33,823,113 ordinary shares in the Company at a price of 15p each. Natasa Mining Limited no longer holds any interest in the ordinary shares in the Company and accordingly ceases to hold a discloseable interest in the Company.


In addition, on the same date, Golden Max Group Limited acquired 33,823,113 ordinary shares in the Company at a price of 15p per ordinary share. Golden Max Group Limited now holds 33,823,113 Ordinary Shares representing 19.14% of the total issued share capital of the Company.

with the seller out of the way perhaps we will see the SP recover to a level which relates to KYS's assets?
cyril

It's put a floor of 15p on the price, its now a good time to buy or top up like i did yesterday

A shareholder as got this reply this morning from KYS

Golden Max Group are three business men in Hong Kong and have invested personal money in KYS and wish to see the mine developed. As a long term holder myself, I am very relaxed with this transfer of shares from Natasa to GMG. There is no suggestion that there is a concert party with CNMIM.

Nice recovery this am.
cyril

Yes.....even more so as I failed to take any profits around 19p...

RF me to ref to 19p,my only blue today,hopr it's not market correction time?
cyril

We might not have any of the big drops we have had in the last few years...I can remember at least 3 times when the market just went down the spout....things are chuggin' along gently....perhaps a little correction rather than a huge one will come and not until next year...now I've said this we better be on our guards...

Also...might be time to check out the uranium stocks...those could be some of the stars for next year.....

http://moneyam.uk-wire.com/cgi-bin/articles/20101028152900Z6730.html

Simon Cawkwell [EK ] 18th october

I bought 200,000 Kryso* (kys) at 17p as the price declined as a result of PI disappointment with the Bankable Feasibility Study figures. I think it is important to stress that bfs figures have to be very conservatively stated. Besides, it seems long odds on that China Nonferrous Metals has discussed figures with bgrimm, which undertook the study, as part of its due diligence. So the argument to expect a bid from the Chinese at 21p+ is unchanged. Meanwhile, the gold price has advanced to make the bfs assumptions even more conservative.

now there's a good unbiased view for you .... not ramping of course!

considering ,one time director, simon c. has been very closely connected to KYS since its inception i would imagine he has a few million of these little rascals tucked away and now realising the inevitable in that KYS cannot meet capex of $ 90 million to bring resource to surface is thus looking to reduce exposure ,,,,,His buy is/was an ambush for want of a better word -and indeed the s/p advanced 2p or so on the back of his statement - But very shortlived,, ,,,,As stated previously -a truly good resource/jorc complianced so the gold is there BUT wuth capex of 90 mill which KYS cannot raise leaves them over a barrel and hence wide open to t/o from any number of cash rich chinese suitors, inc China nonferrous , at MININUM cost - offers at 20p/21p p/s currently touted . ..........so no big returns with 200k at 17p for Simon ........all those free warrants the mix would worry me / started to surface in past 10 trading days .... but ya pays ya money ,,,,,,and ect ect ,,,ln saying thay good luck Roly.

http://www.youtube.com/watch?v=rTBC1R5W200&feature=player_embedded#!

http://moneyam.uk-wire.com/Article.aspx?id=20101101155100Z7013

Nice action today up 7.5% to 17.75p.
vyril

http://moneyam.uk-wire.com/Article.aspx?id=20101103162700Z7386

From E K

Some will have scratched their heads at the disappearance of Chris Kyriakou's Natasa from the Kryso* (KYS) register a couple of days ago in favour of Golden Max Ltd. Scratch no more. Golden Max is a syndicate put together by a school friend of David Tang who is the boss of CNF and putative bidder for Kryso. These fellows have put up cash and can only have done so in the belief that they would no face oppression of minorities. What more evidence is required that Kryso is a buy at under 21p?