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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

Comment by micromikeon Nov 24, 2020 12:07pm
106 Views
Post# 31961192

RE:RE:Copper soaring...MARI sliding...

RE:RE:Copper soaring...MARI sliding...Just be happy we are trading above the equity financing. I hope it closes with the over-allotment being sold. This would be a good sign.

I have an account with RBC so I can’t subscribe to the offering. If I could then I would be selling on the open market as long the price was $3.15 or higher. I would then subscribing to the financing. You get a warrant which in theory should be in the money next year.  That's a great deal and doesn't cosy you a cent to do it.

Once the financing closes and hopefully it’s fully subscribe. We should start to see a slow price increase.

JMHO
MM

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