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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

Post by horsewithnonameon Feb 09, 2022 7:53am
189 Views
Post# 34411418

forward strategies

forward strategies1. DNT will develop and run the mine - well not sure how many are out there that believe that is a good idea, even with non-existing pension funds that have lost their shirts already in 2011

2. DNT makes a PP and finances the PFS and FS of the new small mine design - well, ok but why should we exclude the higher valued large scale project option, and it is a waste if the buyer wants to to mine more than 40000 topd

3. DNT finances PP, FS of the small mine, and in a year starts drilling CS and QV if permits are available plus another PP - mmmh not sure if the dilution this creates will ever be paid back by the share price increase

4. DNT has two PEAs plus a PFS in its hand covering large scale and small scale mining operations and now focusses its work on  discussing takeovers with mid-size and larger companies - this is what I would do, keep dilution to a minimum and try to find two or more interested parties in the project and sell it off.
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