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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 Seahawks16on Aug 26, 2021 11:20pm
142 Views
Post# 33774502

RE:RE:RE:Just Thinking Out Loud

RE:RE:RE:Just Thinking Out Loud

My understanding is Greenstones investment term to its LP's is expiring soon which may add some
pressure to move this thing, or they may all agree more time is required to appropriately package this thing. 

The question is where do we go from here? More drilling which means more money and dilution, this option may not be as desirable if the current high value targets haven't turned outstanding results which I don't suspect they have. I think we've added resource but not another MOD discovery as of yet. Do they prepare for an M&A or move more rapidly towards production?

I beleive copper will continue to rise simply based on inflation which will start to add pressure on a sooner than later deal. Additionally a small advantage may be at play for interested parties utilizing the uncertainty of the political environment, waiting could become costly for potentials if the outcome is a modest tax increase which I beleive it will be.

My prediction is a sooner than later M&A, well, at least I'm hoping so. 


My two cents

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