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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 Jun 30, 2011 11:00am
306 Views
Post# 18784558

RE: RE: RE: copper at 4.22

RE: RE: RE: copper at 4.22

No the company has not promoted rumours. I think we all know they are at the opposite end of that and many would like them to push a bit more but it's just not their style. As for the financing I will leave it up to each to decide. Keep in mind that the shorts tripled during the 2 weeks before the financing news (as we hit a high) and then the fin news came out and the shorts crept up some more and hit a high early Feb. ...

 

Signed confidentiality agreements are very commonly used by most companies and I would consider that type of announcement as very general and Candente has done that type of general announcement at least twice. I have been involved in a dozen companies over the years who have used confidentiality agreements.  No prospective buyer wants the competition to know what they are interested in. Like in poker, you keep your hand to yourself.  That is standard.

 

It's the kind of thing they may say in interviews. When mentioned in a NR it is usually done once. No need to repeat that every couple of months. I would not be surprised that it is said again if or when there are other interviews. My read was that people on this board were expecting more specific announcements.

 

jmho

P-Air

Bullboard Posts