RE:RE:RE:RE:RE:MARI News: Significant Near Surface Copper Oxides at CindyI don’t disagree with you regarding copper plays being down due to the price of copper taking a nose dive. The news release was great so in theory we should have been up but due to the nose dive of copper we should have been neutral at least. We ended the day neutral but Anonymous disappeared. They’ve been a heavy seller for awhile. Probably that secret company in the tax haven island.
We’ve been dropping for awhile. I have no idea who filo is but have they been dropping for a few weeks?? I bet you they were going up. MARI has been going down.
From the 52 week high we’ve been trending down and it was way before the price of copper nosedived. The company says this without the latest news release -> The future mine is approximately C$10.8 per share on an unfunded basis. That’s based on a copper price below $4 bucks and without the latest news release. I’m figuring $4 bucks is the low price for copper and the latest news releases is going to add more copper.
I’ve said it from the time we started to dropping which I didn't know at the time. It’s the government uncertainty. It’s all related to the new government which causes uncertainty. Until the investors get comfortable with the new government or else we see something positive from them regarding copper then we are stuck in the mud or else dropping.