Alta Copper Corp ATCUF

Primary Symbol: T.ATCU

Metals & Mining Copper

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

Alta Copper Corp > Dirt cheap

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Post by DeepdiveNon May 21, 2024 12:51pm

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Post# 36050234

Dirt cheap

The share price is still dirt cheap. $1 corresponds to $0.25 of the old Candente shares.
In 2011 the market capitalization was approximately USD 240 million, which currently would be equivalent to USD 2.63 or CAD 3.55.
The big difference is that today's price of copper is higher, the PEA is much more advanced and with Fortescue we have a strong partner on board.
BTW, Joanne Freeze's statement at the time was: double or nothing...

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