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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. The Company also has an option agreement to acquire the Pampa Medina project (Pampa Medina), which consists of four mining concessions totaling 144 hectares.


TSX:MARI - Post by User

Bullboard Posts
Comment by grossmrkupon Oct 01, 2016 9:15pm
80 Views
Post# 25299138

RE:RE:RE:RE:On a positive note

RE:RE:RE:RE:On a positive note Share price is certainly frustrating no doubt. But when I see their head of exploring invest 100k of his own money at .18 I'm pretty confident about where we're headed. Greenstone knows what they are doing as well. Marimaca drill results will ultimately tell the tale next week but I suspect we will be well over 100mt on the oxide deposit alone. No telling how large the sulphides below will be. .20 a share gives us a paltry 90 million dollar market cap which is peanuts. I would think something closer to 150 million or .30, give or take, is more in line with the results I'm expecting and a company on track to be producing 30k tonnes per year within the next 3 years. G
Bullboard Posts