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 > Not under $1 per share

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Post by ac2022on Jan 20, 2023 1:22am

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Post# 35234896

Not under $1 per share

Every shareholder should know that an offer of USD 90 million (= USD 0.3/share) for 10.5 billion p

Cu eq (M&I) and another 6.2 billion p Cu eq (inferred) + probably another 4 billion p Cu eq on Sur

and Verde is not an offer to talk about. However, should such a situation arise, the question

arises as to why a third party should not enter a bidding war given such a low starting position. If

Fortescue wants the project, it has to take the competition into account. And if Fortescue wants to

be sure of getting the project, it has to have a sound strategy. The competition never sleeps.

Copper is on the up, demand is rising, supply is falling, everyone knows that.

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