Koryx Copper Inc V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

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) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.

TSXV:KRY - Post by User

Koryx Copper Inc > TECK

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Comment by Yepnewpapyon Jun 01, 2024 9:45am

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Post# 36067464

RE:TECK

We can dream of TECK buying out HAIB, unfortunately it is too small for TECK

The main problem with HAIB is that it is too small for a large player and too big for a small player.

Startup cost for HAIB is 340 millions USD which you cannot finance with a Penny stock like KRY or any other PENNY

KRY is doing a rollback and a capital raise
Expect more capital raise this year and next..

GLTY

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