Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.

TSX:ATCU - Post by User

Alta Copper Corp

Bullboard Posts

Post by PAiron Jul 21, 2011 10:54am

226 Views

Post# 18856422

Congestion area

Technically we are at an interesting point - a congestion spot. We have been holding the 50DMA at 1.41, have the 200DMA at 1.50, have the recent high of 1.54 and IMO more importantly at 1.58 we have the 6 month downtrend line.

Quite a bit to work through so not a small order, but an area on which to keep an eye IMO.

Breaking 1.58 with some conviction and confirm it for a few days would be big. Some shorts would certainly cover at that point and give us more momentum.

jmho

P-Air

Bullboard Posts

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