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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.


TSX:ATCU - Post by User

Alta Copper Corp > FORTESCUE METALS CONTINUES TO INVEST IN ALTA COPPER ATCU
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Comment by swpbon Nov 02, 2023 10:48am
138 Views
Post# 35713480

RE:RE:RE:RE:RE:RE:FORTESCUE METALS CONTINUES TO INVEST IN ALTA COPPER ATCU

RE:RE:RE:RE:RE:RE:FORTESCUE METALS CONTINUES TO INVEST IN ALTA COPPER ATCU
eartotheground wrote: Yes they bought out Noront for $616 million.

"Noront shareholders approve sale to Wyloo Metals $616.9-million Ring of Fire deal...Shareholders voted 98.92 per cent in favour of the $616.9-million deal during a special shareholders meeting on March 15, 2022 "

If they bought ATCU for $616 million it equals $7.25/share

ATCU will NEVER agree to only $85 million, NEVER!!

$300 Million at $3.50/share, now that might happen!

10 bagger potential!!!!


$3.50 is 88 cents pre split. That's highway robbery imo. Other mines have sold for 5-7 cents per pound of cu. 20billion pounds is $1billion at 5 cents. Yes 600million for dnt/Alta would be fine with me and it is still a bargain for the vultures at Fortesque. 

Hopefully Alta mgmt won't sell the farm for peanuts.
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