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Bullboard - Stock Discussion Forum Alta Copper Corp ATCUF


Primary Symbol: T.ATCU

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... see more

TSX:ATCU - Post Discussion

Alta Copper Corp > ALTA COPPER INSIGHTFUL INTERVIEW
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Post by eartotheground on Jun 03, 2024 4:52pm

ALTA COPPER INSIGHTFUL INTERVIEW

Good interview with Giulio Bonifacio.

With 80% measured and indicated resource Alta Copper can go directly to feasibility.

Joanne Freeze was QP on Arequipa Resources!

Check out this link if you want to know more about the 50000% return.

https://ceo.ca/@tommy/behind-the-mystery-the-unraveling-of-a-50000-return-and-an-anonymous-investor



Comment by Sartos1 on Jun 03, 2024 9:29pm
Possible value of share $7.50 can. At 30 minutes of the interview M. Bonifacio mentionned a value for the company equal to 20% of the after tax NPV  at a price of $4.00 / lb copper. NPV at this price of copper is $2,312,000,000 US  $2,312,000,000 X 20% = $462,400,000 US =  $630,510,000 Can Target price of shares :  $630,510,000/ 84,190,000 shares = $7.49 can atcu_press ...more  
Comment by ForesstGump on Jun 03, 2024 11:13pm
Why is it still under 1$? The market might be waiting to see if they get the drill permits.
Comment by horsewithnoname on Jun 04, 2024 2:05am
Yes, good interview. Interesting also Fortescue will be offering financing - let´s see what condition. Also the comment on valuation as mentioned is good and the committment to seek engagement with stakeholder to drive the price up - assumingly before any financing for the the drilling.
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