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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
Comment by PAiron Mar 22, 2011 10:08am
353 Views
Post# 18321202

RE: RE: what we know for sure

RE: RE: what we know for sureI'm not sure that a potential suitor would have to rush because of drilling on Sur. If ever a company buys Canariaco Norte, the 3 projects close by would most likely be developped as one. But there is nothing preventing a buyer from going ahead with Norte and waiting 5-10 years before moving on Sur. It would be unlikely that another company would come in and bid for Sur in a year or two if somoene else already has Norte and a Mine and plant in hand. Also if ever Norte is sold by itself first, the buyer would probably have a clause that gives them the "first right of refusal" on Sur & Verde.

I myself would rather sell Norte with a good premium and add Sur to the deal and get it over with. Time will tell.

jmho
P-Air
Bullboard Posts