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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
Post by Oregonduckon Feb 07, 2017 4:44pm
152 Views
Post# 25812630

Shaking the Tree

Shaking the Tree
Shake, Shake, Shake...Shake your booty, shake your booty ...Some people don't know how to play the penny stocks. Blame it on IR, dumbass...There are 12 million options granted @ $0.04 with 4 million options already vested and exercised. Plus, 3.8 million options granted @$0.10. Another 100 million PP shares bought @$0.10 last year. Those are all owned by insiders and if they want, they can all be dumped on the unsuspecting public. The supply is unlimited, but still they hang on for a huge payoff later. Greenstone owns 300 million shares and has the whip hand. This stock is rigged for a huge blow off when some major miner could swoop down to take it over... Btw, someone said I can't read News Releases, but anyone with a modicum of knowledge investing in the stock market must be able to read financials. The Company recently declared that it is in the commissioning phase at Berta and has not yet reached commercial production of copper cathode. The financials show that in 2014, 2015 and 2016, there were zero revenue recorded in accordance with GAAP and IFRS Revenue Recognition standards. Limited production at Berta could start in March, 2017 at a small scale of 5 (ktpy) or 5,000 tons per year...Jesus Christ quit arguing, the Proof is in the Pudding - QED "quod erat demonstrandum"
Bullboard Posts