Bullboard - Stock Discussion Forum 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... see more

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Alta Copper Corp > Copper price

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Post by nizza on Dec 22, 2023 12:59pm

Copper price

So far, I was aware of estimates from various market participants regarding the future copper price of USD 10,000 per ton in the next 1-2 years and 15 to 20,000 USD per ton in 2025.

Now I have just registered a statement from Robert Friedland from June of this year w hich really surprised me :

https://www.miningscout.de/blog/2023/06/29/robert-friedland-kupfer-kann-um-das-zehnfache-steigen/

Robert Friedland: Copper can increase tenfold

Decarbonization, remilitarization, resource nationalism: These are just three reasons that Ivanhoe legend Robert Friedland puts forward for rising copper prices. He attests to “panic” in the USA and Europe and sees the market heading for a “train wreck” that could lead to a tenfold increase in the price of copper.

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