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Bullboard - Stock Discussion Forum 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... see more

TSX:MARI - Post Discussion

Marimaca Copper Corp > Goink, goink, goink
View:
Post by Skater on Feb 24, 2021 11:54am

Goink, goink, goink

We need a club that prevents holders from pressing that sell button...just like Freddy Flintstone..

I would be surprised if Greenstone and Tembo don't exercise their preeptive rights.  There has been nothing but good news flowing, and the exploration potential and upside is very significant.  They supported the company when no one else would.  Anyone of us could have bought umpteen number of shares in the $3-3:30 range.  Now a long term holder comes in, funds the company and it doesn't impac the public float?  Small price to pay for continued success and available powder to ride out any storms.  GLTA
Comment by Skater on Feb 24, 2021 12:14pm
There is an old saying "banks (and by extension investors) will only give you an umbrella when its sunny out."  But if they do when its raining, it will be very expensive.  
Comment by fundinvestor on Feb 24, 2021 1:33pm
Agree.  Think they will definitely exercise their right. May be annoying, but I think it has marginal impact on the wider exciting story.
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