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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 Jan 05, 2018 6:45pm
110 Views
Post# 27294450

A Leading Indicator

A Leading Indicator
Coro Mining is listed on TSX, but its Head Office is on the world-famous Howe Street. I see Canaccord was buying & mopping up COP shares last week & this week. Canaccord or some who affectionately called "Canacrap" was the Master of Howe Street universe back in 60's and 70's when the Vancouver Stock Exchange was the wild and woolly epicentre of questionable penny stock issues and pump-and-dump promotions. In fact, in the 80's Forbes Magazine had called VSE "The Scam Capital of the World". But VSE and its successor TSX Venture exchange are speculative markets that have helped to develop a lot of first-class mining companies. Canaccord's Chairman Peter Brown was quoted in the Globe & Mail as saying Were the finest explorationists in the world because our exploration can get financed here. ...I have great respect for Canaccord with their insights and acumen in picking penny mining stocks. I deemed their buy as a leading indicator for speculative penny stocks that are ready to pop. COP is trading funny with thin asks, but higher than average buying going on predominated by Canaccord.
Bullboard Posts