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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 CG2021on May 18, 2021 11:40am
85 Views
Post# 33222069

RE:Thats probably the reason for the stock price drop

RE:Thats probably the reason for the stock price dropCould be but this has been going on for a while now and you have pressure everywhere. Tax raise in the US, Peru talking about nationalisation, African countries and Asian ones political risk is always huge. The bill could pass but if it does it will be really watered down as Chile law makers know they cannot kill the cash cow that feeds the country...
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