Arizona Sonoran Copper Company Inc T.ASCU

Alternate Symbol(s): ASCUF

Metals & Mining Copper

Arizona Sonoran Copper Company Inc. is a copper exploration and development company, which is focused on the assessment, consolidation, exploration, development and eventual mining in the Santa Cruz Copper Mining District in southern Arizona. The Company holds 100% ownership comprised of private land and a state land lease which is referred to as Cactus East and Cactus West (the Cactus Project) and the Parks/Salyer Property (collectively with Cactus Project and Stockpile Project, the Project) in Pinal County, Arizona. The 100%-owned Project is a porphyry copper project located on private land, near the city of Casa Grande, Arizona, United States. The Cactus Project is comprised of three deposits and one waste dump. The Project covers approximately 5,720 acres (with the remainder of the land package covering additional exploration properties). Its properties also include LKY/Copper Mountain Investments Limited Partnership LLP (LKY) Property and Mainspring Property.

TSX:ASCU - Post by User

Arizona Sonoran Copper Company Inc > Another multi bagger target...

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Comment by AlwaysLong683on Feb 24, 2024 5:13pm

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Post# 35897422

RE:RE:RE:RE:RE:Another multi bagger target...

Could happen as planned with a resulting pop in the share price, but too many moving parts and too much debt for my liking. Excessive debt is a deal-breaker for me regardless of when it's due as interest paid on that debt continues to accumulate and renewal rates are unpredictable, especially if the company's credit rating is not investment grade.

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