Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

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.

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Comment by micromikeon Sep 10, 2021 10:57am

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Post# 33839662

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

Well there you go. That’s one analyst. I would take a wild guess and say that most analyst are predicting copper to be way higher in the future. So why is the company still using $3.45?

They are going to be sold in the future and Grossmrkup figures 30% haircut from NPV of what copper @ $3.45. I highly doubt that copper will be $3.45 in the future.

Ur not convincing me that it's not the government. The latest results are adding resources and what's the future drill going to produce?

I don't buy ur argument.

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