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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 fundinvestoron Feb 24, 2021 10:01am
112 Views
Post# 32645896

RE:Oink Oink

RE:Oink OinkI really don't see what all the fuss is about. 3/4 weeks ago we could all have been buying as much stock as we liked at around $3.00 / $3.20.

We are told that the deal was negotiate at a premium. I have no reason to distrust this. If you look at the price chart over the last number of weeks that makes sense. They would have had to lodged the paperwork with the TSX a week or two ago, and arranged the paperwork before that. So the timeline works. 

Now the price has run everyone what's in retrospectively. Unfortunately it doesn't work like that. 

Peejay - you have every right to sell. I'm sure you'll be making a nice profit. So congratulations. Just make sure you don't sell for the wrong reasons.
 
I wasn’t buying at $3.00 a few weeks ago. Wish I had. But I am not going to allow some misplaced jealously to cloud my view on value here.
 
Good luck everyone!
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