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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

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

Bullboard Posts
Post by gmcmachineon Nov 09, 2011 3:05pm
758 Views
Post# 19223468

Raymond James $5.25 DNT NAV

Raymond James $5.25 DNT NAVDNT looks primed to be worth $700,000,000 not including the Canariaco Sur or Verde based on RJ report Nov8/11

The NAV (net asset value) for DNT is $5.25/share. 

Given these numbers and extrapolating from my previous comparison of Nevada, DNT and Lumina it looks like
DNT price per pound should conceivably come in around the 6.5-7.5 cents/lb/cu range.

Current Weighted Avg. lbs/cu buy out price based on recent acquistions in the industry 7 cents lb

DNT currently trading around the 1 to 1.3 cent a pound

Now doesn't that say something?  I can imagine when they add a few more billion pounds of copper.

DNT should be free and clear to an easy $4.00 a share (based on conservative estimates).

This is a winner!

GMC
Bullboard Posts