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KRYSO Resources, time to buy. (KYS)     

aldwickk - 20 Dec 2006 20:25

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.


Chart.aspx?Provider=EODIntra&Code=KYS&Si

aldwickk - 08 Nov 2010 13:30 - 163 of 171

On the move again 18p bid

aldwickk - 09 Mar 2011 17:52 - 165 of 171

Fox Davis 8/3/2011

Kryso Resources (BUY, 0.22) (KYS, 16.13p, ▼ (1.53%)) announced that The Export-Import Bank of China has issued a letter of interest for the proposed financing of the Company's 100% owned Pakrut gold project. In the LOI, China Eximbank confirms that it is interested in providing up to 70% of the financing required by the Company for the Pakrut Project as calculated in the Bankable Feasibility Study prepared by the Beijing General Research Institute of Mining & Metallurgy (approximately US $77M). In addition to the LOI, CNMIM has arranged for its parent company, China Nonferrous Metals Group Co. Ltd. to provide a letter of support to act as guarantor in respect of the proposed financing from China Eximbank. The LOI is dependent on a number of conditions including due diligence and further approvals and is valid for six months. There can be no guarantee at this stage that any monies will be advanced to the Company or its project under this LOI.

aldwickk - 03 Nov 2011 09:45 - 167 of 171

Might hit 30p today , which was the minimum value put on these about 3 years ago by Simon Cawkwell. So we should expect a price well above this.

required field - 03 Nov 2011 12:10 - 168 of 171

Missed out on this......forgot to monitor the sp.

aldwickk - 29 Jun 2012 11:47 - 170 of 171

A run up to 35p this week so far

aldwickk - 02 Jul 2012 21:57 - 171 of 171

And still going up , now just below 40p
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