Alta Copper Corp. T.DNT

Primary Symbol: T.ATCU

Metals & Mining Copper

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.

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Alta Copper Corp.

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Comment by PAiron Jun 15, 2011 7:58am

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Post# 18716855

RE: RE: RE: Peru copper deal done today - 475M

Glencore were looking at a 20B deal for Eurasian Natural Resources. The CEO now says they are not pursuing this anymore. So here is a large company that is not going ahead with a 20B deal, have just bought a 475M stake in a Peru project, is most likely looking to add more and is obviously not worried about Peru. I sure hope they are kicking the tires at Canariaco.

https://www.rttnews.com/Content/BreakingNews.aspx?Id=1645574&SM=1

"Meanwhile, reports citing Glencore's CEO Ivan Glasenberg said that the company is not actively considering a bid for Kazakhstan miner Eurasian Natural Resources Corp."

Quick back of the enveloppe calculation of the Glencore deal indicates they paid around 9.4c lb. That is in line with the deals from the past year. If we got that for Canariaco, it would come out to 7.20 a share. IF....

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