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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 > Have not seen that in a while!
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Comment by micromikeon Jun 22, 2024 5:31pm
111 Views
Post# 36101828

RE:RE:Have not seen that in a while!

RE:RE:Have not seen that in a while!Exactly at 4PM, Scotia Capital Inc. and Anonymous were the major buyers on Friday.

Sometimes the traders like to squeeze the shorts. The only problem with that theory is that there isn’t that many shares shorted. .06% is the short interest as % of the float. There is 1.8 days to cover. I don't think its short squeeze.

Day traders like to sell out before Friday. They don’t like to hold over the weekend. Plus there’s zero liquidity in the stock so I can’t see it being day traders.

It has to be news leakage but that is just a wild guess.

Monday should be an interesting day. If were down then no news leakage. If were up then news leakage.

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