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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

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Post by Woodman601 on Nov 21, 2022 8:19am

News !

Latest news release is outstanding
Comment by CG2021 on Nov 21, 2022 9:59am
Another stud on the news front and a dud on the market... mind blowing this stock I just don't get this are we overvaluating this as investors ? I would compare it to similar projects but this perfect location is nearly impossible to duplicate. A cost analysis will be the one to propel us forward I think thoughts? 
Comment by Elvisimpress2 on Nov 21, 2022 12:14pm
Most of us on this board unfortunately are used to how this trades. Until the price of copper gets back to over $4 and other market uncertainties get better, it's going to trade sideways. The one thing you don't want to miss Is the possibility of a buyout, where we go from $3 to $20 overnight! That's why in the meantime, the good news keeps building to one day reap the rewards. I can ...more  
Comment by grossmrkup on Nov 21, 2022 12:23pm
With these results today NPV should be easily over a billion dollars US. If we get 80% on NPV and give 0 value to any of the other deposits that gives a buyout of approx $11.00 / share.  If we get full value - due to location and ease of development - you're at $13.50 / share.  And you know this is happening likely by Q2 2023.  So ya, I'll be buying down here at $3 no ...more  
Comment by micromike on Nov 22, 2022 4:59pm
I don't think there is going to be a buyout until they get the permit. I still think the stock is affected by uncertainly regarding the Chilean government.
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