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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

Comment by horsewithnonameon May 17, 2024 7:12am
87 Views
Post# 36044906

RE:RE:Food for thought

RE:RE:Food for thoughtAgree and we have seen that Fortescue has no problem bullying, e.g. when they killed the alternative 10 million offer or when they bullied Joan Freeze out. 
But without Fortescue we also would not be were we are today and the PP with them have all been done significantly above market prices at the time.
Going forward the next PP will be interesting. I think if Fortescue is smart it will table a take over bid shortly before the permits are out and before the PPs is done - lets assume we could be at 1-1.5 dollar by then plus a take over premium - so 2-2.5 per share. I would say thank and take it to be honest - there is a lot of other interesting stuff out - so no shortage on opportunities and another 5-10x. It is better to have to times 5x than waiting forever for one to get up 10x. GLTA 
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