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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. This area is referred to as the Marimaca District.


TSX:MARI - Post by User

Comment by Skateron Dec 07, 2022 12:58pm
111 Views
Post# 35156715

RE:RE:This time it’s different

RE:RE:This time it’s different I feel like the gusy in the show the Big Short.  Everyone knows and recognizes something is wrong with the price/value of the shares but nothing is changing. 

Copper @3.80 is up over 25% from the original PEA.  The resource size has at least been doubled with lots of exploration potential remaining.  As the article alludes, there is a projected shortfall coming in 2 years, which should drive up prices substantially.  Yet here we sit at under 0.12 pre-consolidation.  Crazy.  I don't think its manipulation though, there just isn't any interest in copper at this time.  Fast forward 2 years and there is no way this will be at these levels. maybe I'm wrong...I've been in coming up 5 years, patience being tested, still believe the value is there...glta

Skater

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