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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 micromikeon Sep 10, 2021 1:36am
114 Views
Post# 33838514

RE:RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:RE:News$3.45 is not even close to a realistic price for copper. My reasoning for that is the green energy wave happening. Older copper mines coming to the end of their life cycle. I have no idea why the company is using this price. It’s a ridiculous price. It’s below conservative pricing.
 
What’s the share valuation using $4 bucks? Which I think is between a conservative price and an optimistic price.
 

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