Altamira Gold Corp V.ALTA

Alternate Symbol(s): EQTRF

Metals & Mining Gold

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes medium to high-grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) southwest of Anglo American’s porphyry copper discovery at Jaca. Its Apiacas project comprises a package of properties covering seven main target areas which constitute the Apiacas district. The Apiacas project is located about 50 km west of Cajueiro project within the Alta Floresta Belt, an 82,000 ha land package. Its other projects include Colider, Nova Canaa and Porta Aberta. The Porta Aberta project is located approximately 13 km south-southwest of the Cajueiro project.

TSXV:ALTA - Post by User

Altamira Gold Corp

Bullboard Posts

Comment by PumplyCrockfordon Apr 30, 2016 8:39pm

90 Views

Post# 24829557

RE:RE:RE:all producers are up today

RadicalGuy wrote:
yup I keep asking the same thing. I wonder if lewis can break down the numbers for us. I'll try first....zero! Lewis..your turn now.

RG,

I don't know why the company won't come out and say precisely what the numbers are. I would imagine that they know the numbers as of today are so low that the market would be unimpressed with those numbers. So they just keep the numbers quite, but I'm just guessing.

Personally, I would prefer that EQT would just be up front about the small scale production and tell it like it is.

If the article posted is to be believed and factual and that EQT is producing 1 Kilogram of gold a month then that would be 35 ounces of gold.

So at today’s spot price of gold: $1280 X 35 = $44, 800 US a month or $537, 600 US dollars annually.

So that’s your answer. Not much to brag about but it is a start I suppose.

1kg= 35.27396oz

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