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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

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 Sartos1on May 17, 2024 8:30am
159 Views
Post# 36045013

I would never accept offer under $5.00 for my shares

I would never accept offer under $5.00 for my sharesActiual value should be arround $616,000,000 US  wich is arround $840,000, 000. Can 

30 % of the NPV at $3.85/ lb copper eq.  (see last PEA)
$2,054,000,000.us X 30% = 616,200,000 us  arround $840,000,000 can ( $10.00 SP)

or 

$0.03 / copper eq lb 
16,000,000,000 X .03 =  $480,000,000 us  arround $650,000,000. can ( $7.70 SP)

So between $7.00 and $10.00  should be reasonable offer.

Copper price is going higher and  drilling is comming soon wich will add more value.

IMO




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