Koryx Copper Inc. V.KRY

TECK

[AcadianWind]

At some point if we keep proving up The Haib project, Teck will have to sweep in and take it over. They already own shares in KRY so making a big payout would not be a big deal.  It shouldn't be too bad for the rest of us, if they pay a premium to market.

[Yepnewpapy]

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

[AcadianWind]

You have been commenting on this stock since 2020... you were optimistic about the investment at first.. what changed your mind? If Teck can make this into a money generting machine...why would they care that it only took $340 Million USD to make it  happen? I bet it was more of a risk to put the massive amount of money into Quentette Coal in the early 1980's that they needed to open that

[jrj90620]

I believe that Teck spent about $10billion on it's recently opened QB2 project.

[AcadianWind]

The important fact is that the QB2 Project is operational.. Teck has engineers that are available to build a plant even at a smaller scale, to gain more Copper production. A no brainer really. The people who designed QB2 will not be sticking around to run it.

[AcadianWind]

Supplemental... if a small cap wants to make it to a big cap... they have to reach higher.. and get the job done..maybe KRY can raise the money to build the mind and we will all have a payday..