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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 10baggerseekeron Mar 04, 2021 10:20pm
223 Views
Post# 32725100

Relax

RelaxRelax everyone, the share price is doing fine. Got to have a stong stomach in junior mining. All mining companies were down today.

What was done for financing is in the past. The future is all that matters. Marimaca has a big war chest of cash now and a phenomenal project. As long as they use the cash to add value for shareholders I'm happy. Now they can drill as much as they want to. With that many exploration targets they could have lots of rigs going soon. Everything points to exciting potential for the share price. 

The private equity shareholders are aligned with the rest of the retail shareholders. They have acted admirably since I've followed the company. Management appear to be working their asses off to maximize value for us. Let's be grateful for this. Funds and management probably aren't looking here but let's be respectful and not assume the worst.  

Good luck everyone
10baggerseeker
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