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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

Post by Seahawks16on Mar 04, 2021 12:35pm
172 Views
Post# 32715874

Cheap share

Cheap share

I was speaking with Woodman a.k.a Funnyman this morning and he brought up a very good point which I also beleive to be true. Greenstone and affiliates have zero interest in seeing this stock price rise, the lower the daily trading value the cheaper they continue to aquire shares. After the first PP Hayden repeatedly said we are financed for the year to include the drilling of Marimaca, Mercedes and Cindy. These assets should have been drilled adding value to the SP then further financing. 

We are undoubtedly at the forefront of a bull copper market with the only copper discovery globally in five years. I don't beleive for one second Marimaca could and cannot find other investors at a higher value. We've been told by the company over and over how the SP is undervalued based on the PEA and NPV8 with copper valued at $3.15 yet they continue to dilute at bargin prices. 

By the time tbjs is all said and done we will have over 200mil shares issued! 


 

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