Alta Copper Corp ATCUF

the right price at the right time

[nizza]

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.

[ForesstGump]

Notice how he keeps buying shares on the open market, and recently in the 70's . Might blow above 1$ sooner tham we think.

[Buffet11]

You are aware of that a $1 shareprice, would equal a 0.25 cent pre-consolitation. We have been close to that before and you really would be willed to give a takeover bid for 0.25 cents a nod? That's with an updated PEA and a possible drill permit at thand? Fortescue already got those 31% for peanuts! I don't think we have been waiting for so long to give this away for next do nothing

[ForesstGump]

I would not sell at 1$, just saying it will break through that.