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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 horsewithnonameon May 10, 2024 4:34am
183 Views
Post# 36032881

Buy out

Buy outI would also not be surprised that if after the PEA is out the first buyout discussions will emerge - some basic economics are available and for anyone to take it over  - the earlier the better. Look forward to these discussions and let´s see how Fortescue will play its cards a fair offer now would be the best for them I guess - so could go quickly to 2-3 dollar now especially if permit comes in as promised, money for drilling is already there and any hit in QV would lead to a complete reassessment.

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