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Alta Copper Corp. T.DNT


Primary Symbol: T.ATCU

ALTA COPPER CORP. IS AN EMERGING COPPER DEVELOPER ADVANCING WITH THE GLOBAL SHIFT TOWARD ELECTRIFICATION AND DECARBONIZATION. Alta Copper Corp. is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 97 square kilometers of highly prospective land located 150 kilometers northeast of the City of Chiclayo, Peru, which include the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru¿s prolific mining district. Cañariaco is one of the largest copper deposits in the Americas not held by a major.


TSX:ATCU - Post by User

Bullboard Posts
Post by Roundtripon Aug 16, 2008 7:21am
402 Views
Post# 15389416

8.9 billion lbs of copper

8.9 billion lbs of copperRecent takeovers of copper deposits have run at between .035 to .05 cents per pound of copper.  That would give DNT a value of between $3.30 to $4.70 per share.  The May 29th news release stated that they hoped to increase the tonnage by 15 - 20 % with infill drilling so hopefully when the feasibility study and new resource estimate are released in 4Q this value will have increased.  In the meantime we will be getting the drill results.  As drilling started early June, first results may be announced within the next month.  Sure is a great opportunity for new investors. 
Bullboard Posts