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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

Comment by maryk800on Nov 19, 2020 2:40pm
374 Views
Post# 31934370

RE:RE:NOW is the time for DNT, CDG

RE:RE:NOW is the time for DNT, CDG
I spoke with my broker at MS about it and she is actually recommending dnt to her clients based on the amount of copper in the ground, the buy-in from Fortescu and the heavy demand for copper due to the rise of car electrification. She didn't give me a direct price target but said it could be an easy 10x to 20x above the current price in 2021 if you are willing to wait; the north property progress is expected to pickup steam in the coming months. She anticipates FMG will take a larger position and probably add it to it's main operations to establish a foothold in south america. There are other possible suitors that may take a stab at it, it's just whose going to move first. 

I also asked her about cdg in Mexico and she would expect that the new SDA plant should be turning in about 5 months and the stockpiles of ore can be processed and dollars flowing which should translate to a price target around 60-75 cents.

I'm accumulating on both, my view is that CDG will move in the short term and DNT mid next year. Either way money can be made on both of these.
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