Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

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.

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Marimaca Copper Corp > Trading

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Comment by micromikeon May 14, 2021 7:19pm

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Post# 33208696

RE:RE:RE:Trading

The PEA for the project is using copper price of $3.15. They have a NPV of 524Mil USD after tax...Copper has easily broken past the all time high. There is no reason why copper can’t sustain a $4 low price range. The price of Coro has nosedived while the price of copper is breaking new all time highs. I don’t buy profit taking. If it’s not the possible of a new tax then it’s market manipulation. Which if you remember the last time the price was held down. The owners did a xmas present financing.

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