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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 stockman6767on Nov 10, 2020 10:38am
121 Views
Post# 31869899

Low volume - highly manipulated

Low volume - highly manipulatedMARI is now totally manipulated by one entity (or two working in cohort) while it is a low volume stock.

the guilty banks are #1 and # 79 on TD. they control BOTH the bid and the ask by computer program to maintain as large a spread as possible in their favor.

I saw this in action when I tried to sell several thousand shares (a small part of my holding).
They maintain a spread (for any significant volume) of something over 10 cents to the current bid and ask. On level II you can see that they enter the bid and ask at a far removed 10-20 cents plus for any volume.  when I tried to put in an ask, their computer automatically bid one penny below me almost instantly. On the ask they make sur that they have the bid for any lalrge volume in conjuction with the "partner" on the ask. It is #1 and #79 who together contrive to contol any of the low volume through them. To do any large transaction you have to do it at a large (unfavorable) spread to the current last transaction or the current bid and ask. Any large holder who really wants out will have no choice but to move the stock in a large way. Until volume returns to this stock, it is dead money and theonly ones making money on this will be institutions #1 and #79.
Bullboard Posts