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Bullboard - Stock Discussion Forum 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... see more

TSX:MARI - Post Discussion

Marimaca Copper Corp > Again with the games !
View:
Post by CG2021 on May 25, 2021 10:05am

Again with the games !

This stock is held hostage at gun point !
Comment by CG2021 on May 25, 2021 4:08pm
Comment by fundinvestor on May 25, 2021 5:32pm
Maybe there are just willing buyers and willing sellers? Why would anyone manipulate the stock? To what end?
Comment by micromike on May 25, 2021 7:01pm
I don’t think there are games being played on the recent nose dive. I do believe that when they did the financing (early xmas present). There were games being played to keep the price down. The reason I say that is that there was 3 major sellers keeping the price down. You can never prove it so it is what it is. I didn’t see any major sellers dumping in the recent drop.   I still believe that ...more  
Comment by fundinvestor on May 26, 2021 3:21am
The company has a free float.  The marginal buyers and sellers dictate the price.  It is a public company.  Good news makes the shares go up.  Bad news makes the shares go down.  I really think it's as simple as that. 
Comment by CG2021 on May 26, 2021 8:12am
No it's not as simple as that I'm sorry. Not every time we had good news the stock went up. We have seen good news about the Marimaca deposit, about Robles, about Cindy lately and nothing. I don't know if it's market lack of understanding of the deposit or maybe my lack of understanding ? I think every PR that came out recently was very positive including the latest ones ...more  
Comment by allaboutvalue on May 26, 2021 10:43am
I'm not bright enough to figure manipulation theory out but:  When the share price is lower than I think it should be, I buy more shares. That creates a little demand for the shares, tempers price swings, and I get load up on shares of a great company at a discount in my opinion. When positive news comes out and the share price doesn't move, I buy more shares for the same reason ...more  
Comment by CG2021 on May 26, 2021 11:28am
Of course it is I never said I didn't buy also at these prices ;-)
Comment by CG2021 on May 26, 2021 7:56am
I'm sorry if my message wasn't clear I didn't mean that GS or Tembo are playing with the stock. I frankly don't think so. It's more MM playing with it that is clear as day! I was just trying to explain the fact that you have such a thinly traded stock this is what happens. 
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