Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by horsewithnonameon Feb 06, 2022 3:45pm
210 Views
Post# 34402815

what is the El Oro tailings project worth

what is the El Oro tailings project worththe company has  a market capitalisation of about 10 Mio CAD

it is reeceived already 500000 CAD advance payment,

but how much is the NPI of 5 % worth 

some thoughts:
there are about 120000 ounces gold and silver worth another 30000 ounces gold so 150000 ounces
let us assume a 70% recovery - so we will have about 100000 ounces to to sell,
for the sake of easy calculation let us assume the goldprice is 1800 USD per ounce and the the costs are 1000 USD per ounce, which leaves us with 800x100000 profit with is 80 Mio, let us multiply this 5% NPI and we get about 4 Mio USD, add to this the additional 1,5 Mio the company gets from the municipality share and we are at 5,5 MIo USD - or about 7 Mio CAD, but this is only a little site project
How can a market capitalisation of 10 Mio CAD be fair.
Is there a mistake somewhere in my thoughts - please correct. 
If not, I guess it is a good time to buy. 
<< Previous
Bullboard Posts
Next >>