RE:RE:RE:RE:RE:RE:Some good sized bidsMarimaca would have ample potential trading liquidity at the right price. Bid up to $5 a share and I think you could fill as much as you want. Sell at $3.50 a share and I think you could sell as much as you want. But at low $4's, nobody seems to want to sell or buy much stock.
Offering shares to the public might help increase trading volumes temporarily but it will all get absorbed and the company doesn't seem to need cash so I can't see it being value-added.
Agreed that the trading volumes will always be a weakness for some Marimaca investors relative to some other stocks. It is not a good trader's stock and hasn't been for a long time. Still I'm glad there are a bunch of high quality institutional investors with huge positions in the company that apparently aren't interested in selling their stock anywhere near these price levels. The goal should be to maximize value for investors in the long term in the best way possible. A premium investor partner like Mitsubishi means that when it is time to build a mine, financing shouldn't be a problem.
I would like to see a takeover at some point too at the right price but takeovers are relatively rare and if it doesn't happen, it is nice to have an interest in a top quality company on its way to becoming a profitable producing mine heading into what some think will be a massive bull market for copper.