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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

Alta Copper Corp. is a Canada-based emerging copper development company. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. Canariaco comprises 97 square kilometers (km2) of highly prospective land located 150 kilometers (km) northeast of the City of Chiclayo, Peru, which include the Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect. Its 100% owned Arikepay Copper-Gold Porphyry consists of three claim blocks totaling 1,800 hectares (ha). The property is located approximately 110 km south of the city of Arequipa in southern Peru. It has a 100% interest in the Don Gregorio property which is a copper-gold porphyry target located in northern Peru 140 km north-northeast of Chiclayo in the department of Cajamarca. Its Canyon Creek property is located in the northwestern end of the Quesnelia Zone (Terrane) approximately 160 km from the Red Chris Mine, 15 km from a main highway and 60 km from the town of Dease Lake.


TSX:ATCU - Post by User

Post by horsewithnonameon May 10, 2024 4:34am
157 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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