Alta Copper Corp ATCUF

ALTA COPPER – MEGA PROJECT ATTRACTING BIG ATTENTION

[bigmoney14]

ALTA COPPER – MEGA PROJECT ATTRACTING BIG ATTENTION

Recap of current events:

• Copper is now $10,000/tonne, equivalent to approximately $4.58/lbs

 

• Mining giant BHP makes $39 Billion bid for rival Anglo American. The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.

 

• BHP to consider improved Anglo proposal after bid was rejected. A tie-up with Anglo would give BHP roughly 10% of global copper mine supply ahead of an expected shortage that many market watchers have predicted will send prices soaring. If successful, the transaction would mark a return to large-scale dealmaking for BHP.  It would also boost its presence in the world’s top copper producing countries, Chile and Peru, as with the acquisition of Anglo American, BHP would gain access to four of the world’s largest copper mines.

 

• Copper fundamentals have changed due to an ever-increasing supply shortage primarily attributed to a lack of investment in new copper projects over the past 10-15 years.

 

• As opposed to oil supply, copper supply cannot be dialed up or down quickly as it requires a decade or more to bring a viable copper project from discovery to production.

 

• “Copper is the new oil and Big Mining sees the metal as its lifeblood” – Globe & Mail

 
https://www.theglobeandmail.com/business/commentary/article-copper-is-the-new-oil-and-big-mining-sees-the-metal-as-its-life-blood/
 

• "The proposed or potential takeover here, of Anglo by BHP, just reinforces the attractiveness of the long-term fundamentals for copper markets.” – Teck Resources CEO, Jonathan Price

 
https://ca.finance.yahoo.com/news/teck-resources-reports-first-quarter-110639584.html

 
The information above clearly highlights that copper is essential to world development and that the price of copper will continue to move higher.

 
Investing in Alta Copper which has a proven, substantial copper-gold porphyry is an opportunity worth considering and acting on.
 
 
Alta Copper has a large, well-defined, and economical copper resource named Canariaco Norte; at the time of discovery ATCU market capitalization was over $250 million. 


Alta Copper has since drilled and discovered another copper-gold-molybdenum resource named Canariaco Sur, further adding to their copper and gold resources.


Another third resource target has been identified named Quebrada Verde, geochemistry demonstrates this target could be another major copper porphyry; drilling to commence in 2024.

 
With significant attention being placed on the copper supply shortage, the focus for the big miners is on large, generational copper porphyries. Alta Copper’s partner, Fortescue, is a big miner with a $60+ billion market capitalization and they are focused on moving Canariaco and all it’s resources to production.

 
The value proposition for ATCU investors is extraordinary and investor blocks have taken notice. ATCU has increased 55% since February 2024 as the opportunity presented going forward is remarkably compelling.

 
ATCU’s share price was $1.00 when the price of copper was previously at $4.60/lbs. Copper has now returned to this level and indicates a high probability ATCU will be re-rating higher.

 
Alta Copper will be releasing a major catalyst that could prove very useful to interested parties and the overall ownership of ATCU.

 
Copper is the future, and the future of copper is today.  Are you ready?

 
Alta Copper Target Price: $6.00/share
 
Opportunity: 12x current share price
 
91,000,000 shares outstanding x $6/share = $546,000,000 market capitalization
 
* Target price calculation is based on the size of Alta Copper’s current resources and does not include additional drilling results at Norte, Sur or Quebrada Verde. Comparable projects of grade, size and location have been considered including recent copper acquisitions.