Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Alta Copper Corp ATCUF


Primary Symbol: T.ATCU

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 nizzaon Jan 22, 2024 11:40am
171 Views
Post# 35839018

Patience should be worth it here

Patience should be worth it hereIf we think about it, the future prospects in the copper sector, but also in the precious metals

sector, are relatively good.
Yes, patience was tested in this case, there is no doubt about that.

However, if the environment in the next 1-2 years leads to copper prices of 15,000 USD/ton, gold

at 2,500 USD/oz and silver perhaps 30-40 USD/oz, as many market participants expect, then

patience might be worth it.
And in the meantime, the drilling program at Norte, Sur and Verde

should significantly increase the resource.
All of this should be the material for a re-evaluation.

The raw materials markets are still not the focus of the broader market. This is also likely to

change as raw material prices rise.


<< Previous
Bullboard Posts
Next >>