Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

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.

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Alta Copper Corp > War and base metals

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Post by ckwongon Feb 23, 2022 1:00pm

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Post# 34454420

War and base metals

If the Russian-Ukrainian conflict escalated to a war level, this means copper and iron will be consumed quickly in vast quantity which will drive up the price. Too bad DNT is not producing yet to benefit from the higher price.

I would not expect the war will have any impact on DNT's share price in the shorter term. In a longer term, the consumed copper and iron have to be replenished, the DNT share price may enjoy the ride if it can start production in next two years.

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