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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Marimaca Copper Corp > Chile, Peru, Ecuador- Copper- Greenstone's Marimaca Woes.

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Comment by micromikeon Oct 10, 2021 1:54pm

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Post# 33993568

RE:RE:Chile, Peru, Ecuador- Copper- Greenstone's Marimaca Woes.

I’m not sure on the time line but I‘m hoping by the end of November that the new government should be in place. Hopefully there will be more clarity on the governments take on future taxes. Somebody can correct me if I’m wrong on this.

As long as they don’t get too greedy then in theory we should start to trade at a more realistic value. There’s no reason why we shouldn't be trading at new 52 week highs.

On the flip side, the government could get stupid and we’ll be trading at the current price. I believe the current price is based on government bad news in the future.

Time will tell.

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