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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

Comment by swpbon Dec 21, 2023 4:37pm
87 Views
Post# 35796557

RE:RE:Candente Shareholder Rights is gone?

RE:RE:Candente Shareholder Rights is gone?
nizza wrote:
As far as I know, the shareholder rights plan is intact.

And it is important for us.

In the peer group, the valuation per 1 p Cu is 1.4 c/p Cu, which would correspond to a value of USD

2.577 per Alta Copper share.

We are currently at 37 cents and therefore have an increase potential of at least 7 times to reach

the average.

As the market turns more attention to raw materials, we should quickly close this gap.

Now let the ton of copper rise to 10-15,000 USD, then we have an NPV of 2.241 billion USD + X.

And then after the Borrowing of Sur and Verde another 4-6 MRD p Cu should be added to the 16.7.

Let's take 20 MRD p Cu equivalent at $10,000 per ton Cu. That would result in an NPV of USD 2.68

billion.

A copper giant slumbers here.

agreed a copper giant slumbers here....but so do us unprotected retail shareholds. If you know where the shareholders rights document is, please disclose it. I searched their web site and cannot find it.
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