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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 Oregonduckon May 06, 2019 5:51pm
104 Views
Post# 29716800

RE:Have Insiders Been Buying Coro Mining Corp. (TSE:COP) Shares

RE:Have Insiders Been Buying Coro Mining Corp. (TSE:COP) Shares
CarrieWong wrote:

It’s good to see that Coro Mining insiders have made notable investments in the company’s shares. In total, insiders bought US$94k worth of shares in that time, and we didn’t record any sales whatsoever. This is a positive in our book as it implies some confidence.



Good to see a new poster. Good luck...I reloaded at 5 cents - post-rights - and got out last week for an easy double. There might still be some meat left on the bone for this stock. The dog-and-pony shows last year in LA, Whistler, London UK and Oregon and recently in NYC didn't move the needle one bit on the stock price - a waste of time. Also, hiring a new Chilean CFO and not one with the designation as a Canadian Chartered Professional Accountant (CPA) or US Certified Public Accountant (CPA) is questionable for a public company listed here. COP's stock Cap has gone from over 100 million to an almost unwieldy 1.4 billion shares. They might need to raise more money and further dilution is inevitable. COP does have promise, but these hedge funds guys have their own agenda. Sometimes, it would be better to buy into a pump-and-dumper rather than a "dead sitter" as at least the stock would shoot up and you have a chance to get out before the fraudster dump. It has been over 2 years since the stock got up to 20 cents.
Bullboard Posts