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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 Feb 18, 2021 9:18am
60 Views
Post# 32594140

RE:RE:RE:Level II

RE:RE:RE:Level II Copper is trading @ $3.82.  The last time it traded at this price was Mar 2012. My guess it thst it will hit the all time high of $4.62 this year but that’s just a wild guess.
 
Every time it looks like we are breaking out. We get hit with a major seller. There were 2 big orders at $3.50.  We chewed through about half of it and then it disappeared. That was interesting to see that. My guess is that the big fish is going to show up at a higher price. My guess is that  we’ll see it about an hour or two into trading. It would be nice if they placed it above the 52 week high so we could set a new high..
 
I feel this year is going to be a really big year for Mari. They have two not one areas of possible new discoveries. Copper prices are going through the roof. We hit on either one then I have no idea what the market will place the company. We hit on two then the sky is the limit. If the share price was in the pennies then we would have major speculators all over this and the price would be trading way above in ground resources.

JMHO 
MM

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