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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 gmcmachineon Jul 14, 2011 11:21am
422 Views
Post# 18830946

DNT Facts

DNT FactsDNT

Some Facts:

- Canariaco Norte is 100% owned by DNT

- Copper Equivalent Resource Estimate of 10.1 billion lbs.

- Canariaco Sur could contain another 1-5 billion lbs. of copper to add to the 10.1 billion pounds already discovered on the first mountain

- Management is actively seeking bidders for DNT and has disclosure agreements in place.

- Conservative NPV is approx. $3.75/share

- Currently trading $2.50/share or 3x below NPV of $3.75/share (conservative)

- Takeover target prices range from $4.50-$7.00/share based on similar current copper based takeovers
 
- DNT has created a new company (Cobriza) to transfer the DNT assets to except the Canariaco project in order to facilitate a smooth transitional takeover transaction.

- Pre-Feasibility study completed estimating $1.5 billion capital cost

- Feasibility study to be completed by Spring 2012
 
- One of the lowest strip ratios in the industry given the Copper is close to surface

- Peruvian Election is over and no dramatic changes are anticipated with the new President
 
- Peru is very mining friendly – Humala Pres. Elect. Has met with US officials to promote positive relations and to assure investors that Peru IS mining friendly and will continue to be.
 
- HUGE TAKEOVER TARGET

- Over 6 analysts recommend DNT as a Buy and there are NO sells on this company.

- Copper is currently at $4.36/lb - DNT has conservatively estimated there feasibility study for Canariaco at around $2.50/lb

- No Brainer, DNT is the stock to own especially with the Huge demand for Copper coming from China and Japan.

- Est. takeover of DNT to occur after Aug4/11

- Price target before August4/11 = $1.98

GMCMACHINE

Bullboard Posts