Post by
Hiezenberg on Mar 07, 2023 8:31am
Yesterday’s activity
Interesting trading day yesterday. Sudden rush to gobble up shares at a premium, and them followed by some selling pressure. Volume is good... one of the higher volume days for Marimaca. Maybe the activity is related to the current 4 holes being drilled in the suspected sulphide zone - either it's pure speculation or maybe some good visible stuff is coming out of the ground? Not sure, but I am feeling quite optimistic about all of it. Copper price is good, Chile seems politically stable (especially after referendum was voted down), Marimaca Oxide Deposit is of a medium sized mine, and only significant discovery in the last 10 years, worldwide. Add the potential for a large sulphide zone, and some holes with good results (similar to MAD 22 drill hole), and this story can get very interesting very fast.