Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

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.

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Alta Copper Corp > Valuation of a copper explorer

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Comment by Buffet11on Nov 13, 2024 7:08pm

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Post# 36311422

RE:Valuation of a copper explorer

Looks like a non-brainer looking at it with those numbers, but I guess one would also have to consider that the cost of mining (even in Peru) went up tremendously. At the moment is seems that at a price below $10.000 / ton no copper procducer isn't even feasable.

Here an interview with Friedland on this subject.

Friedland warns of copper ‘crisis’ as mine costs soar - MINING.COM

At the moment it looks like as it could take a while until we see the $10,000 again, let alone anything well above.

Buffet11

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