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 > Copper Shortage

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Post by Skateron Jul 14, 2022 10:38am

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Post# 34824018

Copper Shortage

Not an economist, but I believe this current decline in copper price is going to delay/slow investment resulting in a boomerang effect on the price when people figure out there is not enough supply to meet demand. May take some a year or 2 the shortfall is coming and price will have to move back up. My 2 cents..

Skater

https://www.msn.com/en-ca/money/markets/a-coming-copper-shortage-could-derail-the-energy-transition-report-finds/ar-AAZykxc?li=AAggNb9

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