Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

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.

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Marimaca Copper Corp

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Post by Oregonduckon Feb 27, 2018 10:09am

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Post# 27627568

Buy this Stock Here

Shake out by disappointed shareholders who were shooting for the moon for this stock.

With Greenstone lending USD$5 million new money now plus they provided a loan of $3 million recently, they are not risking their partners' money & walking away without squeezing a good profit from this sale. Greenstone's price for the stock was $0.10 in 2016 after they converted its debenture and bought more and more shares.

I think there is a good chance Greenstone might do a compulsory takeover using the court-sanctioned Plan of Arrangement under CBCA legislation.

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