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.

TSX:MARI - Post by User

Marimaca Copper Corp

Bullboard Posts

Comment by Brecknockon Dec 07, 2020 1:25pm

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Post# 32050338

RE:RE:RE:RE:Canaccord research - initiates with buy recommendation

Initial target price is $4.00 ... but I hear they could adjust up soon on updated copper price assumptions. Make sense. All analysts want to start conservatively. And they haven't managed to get to site this year due to the pandemic.
Think it’s a very good start. The main problem we have isn't price targets ... it is exposure to a wider market. This is another good step to solving that.

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