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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 fundinvestoron May 05, 2021 10:12am
84 Views
Post# 33131393

RE:Somebody has to say it

RE:Somebody has to say itThese results probably are underwelming if you only had in mind a simplistic model of sulfides extending under the known oxides. 
Unfortunately these are results that will take some communication, and yes further work, but it points to the possiblity in the nearterm that the MOD resource is meaningfully bigger. Meaning a bigger production profile. 
This is what makes a market. Some will sell on this news, mainly because they can't quite understand it. And that is completely fair enough.
I'm a buyer in the market today, and my target price for the stock has gone up. This pull back is a great opportunity. 
Good luck to all!
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