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Marimaca Copper Corp T.MARI

Alternate Symbol(s):  MARIF

Marimaca Copper Corp. is a Canada-based exploration and development company focused on base metal projects in Chile. The Company’s principal asset is the Marimaca Copper Project, located in the Antofagasta Region of northern Chile. The Marimaca Copper Project is situated at a low altitude in Chile’s Coastal Copper Belt, 25 kilometers (km) east of the port of Mejillones and 45 km north of Antofagasta, Marimaca has access to water and power, road and rail networks supplying sulphuric acid and other consumables, as well as deepwater ports. The Marimaca Copper Project comprises a set of concessions (the 1-23 Claims), properties 100% owned and optioned by the Company, combined with the adjacent La Atomica and Atahualpa claims, over which Marimaca Copper has the right to explore and exploit resources. This area is referred to as the Marimaca District.


TSX:MARI - Post by User

Comment by micromikeon Mar 04, 2021 1:20pm
85 Views
Post# 32716360

RE:RE:RE:Cheap share

RE:RE:RE:Cheap shareWe were allowed in on at least 3 I think. The owners actually took care of the minority holders on the $1.25 which was 5 cents pre split price.  Only existing holders could participate and any holder that didn’t then the owners were glad to take those shares.

The only reason I can come up with why the share price isn’t doing squat with the recent news is. The employee options could be due so it makes sense to hold the price back. If that isn’t it then once again we are not a penny stock so we get zero speculators buying.
 
No word on who the buyer was in the recent financing.  My wildest guess is that it could be that secret off shore company that the owners are indirectly tied to.

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