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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 bigmoney14on Jun 16, 2014 11:57am
292 Views
Post# 22663374

DNT Valuation is worth more than pennies

DNT Valuation is worth more than penniesGood news about DNT catching First Quantum's attention and with 10 Billion lbs of copper and growing DNT could be attracting a lot more attention from others as well. Canariaco Sur is the icing on the cake with this project. Sur is an additional deposit that will seriously increase the total size of DNT's copper in the ground way past the 10 Billion lbs currently reported. The benefits of Sur are great as the copper is in the ground and the deposit will not require its own processing facility as it will use the Norte camp which is in close proximity. Shareholders and Management of DNT would be foolish to accept any offer either joint venture or take over less than $2.50. $2.50/share x 160 million shares = $400,000,000 valuation $400,000,000 / 15,000,000,000 lbs copper est. = 2.7cents per lb of copper Now seriously, anything less than $2.50/share which is only 2.7cents per pound of copper is ridiculous.
Bullboard Posts