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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 > $5.70 bid/ask
View:
Post by Elvisimpress1 on May 21, 2021 9:00am

$5.70 bid/ask

Somebody playing games???
Comment by Woodman601 on May 21, 2021 9:20am
Level II   Refresh   MARIMACA COPPER CORP. (CA:MARI) Size Bid Ask Size 6900 5.00 5.00 2000 200 4.50 5.07 600 6500 4.40 5.27 200  ...more  
Comment by Woodman601 on May 21, 2021 9:32am
Level II   MARIMACA COPPER CORP. (CA:MARI) Size Bid Ask Size 700 4.41 4.48 500 6500 4.40 4.50 1500 100 4.37 4.58 ...more  
Comment by CG2021 on May 21, 2021 10:39am
Wow talk about a battle ! Lvl 2 is worthless since MM dump and buy in bulk on the ask 
Comment by Skater on May 21, 2021 11:02am
Agreed.  Doesn't matter what the stock runs up to, the mm walks it back down, slowly, steady, like a hammer on a nail.  Frustrating, but until we get some solid news, this will be the reality.  Patience young grasshopper!
Comment by fundinvestor on May 21, 2021 12:20pm
Please excuse my ignorance, but who is 'mm'?
Comment by CG2021 on May 21, 2021 12:27pm
MM= market maker is a trader whose primary job is to create liquidity in the market by buying and selling securities. Market makers are always ready to buy and sell within the marketat a publicly-quoted price. Usually, a market maker is a brokerage house, large bank, or other institution. They usually make money on the bid/ ask spread ! 
Comment by micromike on May 21, 2021 12:50pm
I’ve learned a long time ago not to use market price when you are buying or selling.  Especially if the shares are thinly trade (hardly any shares to sell or buy). They like to crank up the spread to make more money on the trade if you use market price. They have computer programs to make sure they get the best spread. Use limit price to make sure they get the least amount of money from your ...more  
Comment by CG2021 on May 21, 2021 2:09pm
This is what happens when the stock is in the hand of a few they talk about sticky share holders because we know the value of the stock and they will not get rid of us that easily.
Comment by CG2021 on May 21, 2021 12:20pm
Don't worry patience is there I learned a long time ago that mining is a long game with short term buy and sell opportunities. Look at the forest not the tree !! No matter what they say in terms of taxation, China plating games you name it one thing holds true NUMBERS, Supply and Demand balance. We know at the current cost curve driven by lack of greenfield projects , copper grades dropping ...more  
Comment by Skater on May 21, 2021 1:23pm
If you want to listen to a very bullish, long time copper speaker, check out Gianni Kovacevic on youtube.  He is pitching his company Copperbank, but he also does a really good job laying out the copper fundamentals, and where the price is heading based on supply and demand.  i've watched a few and they further convince me of the potential for Mari based on the resource in the ground ...more  
Comment by CG2021 on May 21, 2021 2:16pm
Very familiar with Gianni for years now and his theory of oil and copper decoupling. Allot of what he use to say 10 years ago is happening now ! Electrification and renewable energy is a copper eating Behemoth don't let them deter you hold to your shares and don't sell cheap. 
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