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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 Tree2treeon May 03, 2021 12:44pm
116 Views
Post# 33114705

RE:RE:RE:RE:Possibly time to start shorting this

RE:RE:RE:RE:Possibly time to start shorting this
I have never shorted any stock, I was just sharing my observation that the market cap was getting ahead of the project status.  They talked about a new drill target and some rock chips, and the share price went up over half a dollar.  In my humble opinion, that is a sign of enthusiasm and emotion, not analysis.  Maybe I should have said, "consider locking in some profits."

So today some posters are scratching their heads because they are in that frame of mind that their stock should never go down.
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