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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 PAiron Jul 21, 2011 10:54am
225 Views
Post# 18856422

Congestion area

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