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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

Comment by DeepdiveNon Oct 22, 2021 3:22pm
264 Views
Post# 34038778

RE:CANDENTE COPPER GOLD RESOURCE VALUED AT $0.60 CENTS SHARE

RE:CANDENTE COPPER GOLD RESOURCE VALUED AT $0.60 CENTS SHARESounds reasonable and money is around! Annual copper production is about 18 million metric tons. In the past years until 2020 copper/ton averaged at least $3000 lower than this years current average. For 2021 this means at least 18mio x US$3000 = US$54billion extra (!) on the worldwide copper balance sheets. Even mid-size copper producers were flooded with billions of unexpected cash to be spend. US$0.5 billion for one of the very few feasible projects around seems plausible (i.e. less than 0.5 NPV with copper only $2.50) This is the real game changer for Candente. Six weeks to go for the new PEA and more options for take-off...finally!!!
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