Candente Copper Corp (DNT)

[tsl444]

Buyouts of junior copper companies have been in the area of 0.03-0.045/lb. Assuming that the updated resource estimate shows 10B pounds of copper, that would put a takeover value of Candente in the $300-450MM range or about 2.5-3.5X the current market cap. In addition, there are not that many 10B+ copper deposits available for acquisition, so it's possible that Canariaco could be valued towards the higher end of the range due to that scarcity.