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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 Skateron Jul 19, 2021 2:09pm
177 Views
Post# 33569971

RE:RE:Marimaca by the numbers

RE:RE:Marimaca by the numbersIt seems the higher the share value is projected, the lower the share price goes...

Not sure the reasons, but the company has (again) not delivered on updates when they said they should be available.  I don't care when you say you are going to do something, but once you say it, do it.  They've always over promised and under delivered.  I thought with new management it would be different.  It makes one wonder if its deliberate to keep the share price down.  Or the drill results are marginal.  Sigh.
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