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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 Jun 16, 2024 2:04pm
149 Views
Post# 36091199

the right price at the right time

the right price at the right time
GB once suggested USD 300 million as a minimum takeover price, if I remember correctly.
 
But that was probably over a year ago and was therefore before the revised PEA in May of this year.
 
In my opinion, however, this would have brought an inherent increase in the value of the property.
 
I wonder if, for example, if Fortescue were to offer USD 300 million for Alta, other majors would not bid,

because in my view such a price seems too low given the resources and potential.
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