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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 nizzaon May 24, 2024 3:53am
184 Views
Post# 36055299

Sorry, I think Google translated very poorly before

Sorry, I think Google translated very poorly before 
Here's a new attempt:

There is nothing to suggest that the shares should be sold at this level.

The question therefore arises as to where the 20% sellers should come from. It certainly won't be the funds, private offices, Peruvian HNW or the directors.

For Alta speaks:

1. Massively undervalued in terms of the peer group

2. Perfect prospects for copper ($15-20,000 per ton in the next few years)

3. 2024/2025 drilling program with a possible 50% increase in resources

4. Little downside risk as already world-class deposits

5. Alta just released the PEA with very robust numbers (who can say no to that)

6. Fortescue on board as a major



In my opinion, there is practically nothing to suggest a sale.

On the contrary, there are many things that speak in favor of buying or increasing.



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