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 > Why no insiders buying?

<< Previous

Bullboard Posts

Next >>

Comment by Richiechileon May 15, 2024 12:58am

84 Views

Post# 36040343

RE:Why no insiders buying?

Completely agree. Very disappointing. This is the nub of the issue. Management are paid regardless of outcome. Speed of DFS and permitting has been glacial. Hayden has been involved for 4 years. With copper above $5/lb, the NPV share must be closer to C$16/share. Some significant insider buying well over due as well as delivering outcomes on permitting, DFS and Sierra Medina. Hagalo.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec