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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.


TSX:MARI - Post by User

Marimaca Copper Corp > Other opinions?
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Comment by Skateron Jun 08, 2023 1:21pm
189 Views
Post# 35486826

RE:RE:RE:RE:Other opinions?

RE:RE:RE:RE:Other opinions?We are waiting for the reality of the copper shortage to kick in at the same time Mari is moving to production.  1-2 years, but buyout may come sooner.  Easy double, likely triple, possibly more from here.  Stock price at $3.86 presplit is $0.15, which is close to Greenstone's average.  They are going to need multiples on that to justify the length of time they have been invested in Mari.

https://oilprice.com/Latest-Energy-News/World-News/A-Copper-Buying-Spree-Is-Set-To-Commence.html

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