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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 Feb 13, 2018 8:38pm
70 Views
Post# 27554714

RE:RE:RE:RE:RE:Is Another Unloading Coming ??

RE:RE:RE:RE:RE:Is Another Unloading Coming ??I think the company needs to be very careful with this next round of financing. They need minority shareholder approval for any funds they're going to raise. It would be awfully embarrassing and somewhat problematic if they ask for too much at to low a share price and the minority shareholders vote it down. Could put the whole land acquisition in jeopardy. They need to raise just enough to complete the acquisition and drill. That's it.
Bullboard Posts