Marimaca Copper Corp T.MARI

Not sure what to make of this trading activity

[Hiezenberg]

I am guessing either that the news of the sulphide drilling leaked and it is not going to be as good as some would have hoped for, or this is simply an attempt at shaking the tree to get some people to give up their shares. Not sure really. I hope that the news of the sulphides will be released soon as it has been a while, and hopefully the results will be really good.

[micromike]

The analyst price projection for MARI does not including the recent new area that they are drilling. I have no idea why the results are taking so long but it does concern me that they are not out. The price of copper has nosedived in the last few days. May 10, the average price was $3.88.  It closed on Friday @ $3.71. That’s a really big drop in a few days.  I think it’s the fear that

[Seahawks16]

What new area of drilling are you referring to? My understanding is the five sulphide holes are outside of the MOD, however, we are waiting on the new MRE for the oxides which was drilled sometime ago.  Regardless of the new drill results they really shouldn't affect the MOD, we also need to keep in mind we are still very early in the exploration of the remaining targets outside of the

[micromike]

It’s not a new area but it’s below the identified ore body that they are infill drilling.   They called it MAD -22. Dec 15 press release has a cross section of the drill location.