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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 > This Stock keeps going down
View:
Post by Hiezenberg on Nov 28, 2022 11:27am

This Stock keeps going down

It's doesn't seem to matter what the resource estimate is or what they keep finding or how appealing this project is, (atleast that's what management keeps saying), the stock price continues downwards. I must say I am very disappointed. Perhaps others  are feeling the same and are fed up with it, and are getting out. I am tired of making excuses for this stock.  If it was as good as we keep saying it is, the price would have reflected that, and clearly it has not.
Comment by Astergraphdag on Nov 28, 2022 1:38pm
Margin call maybe?  I mean that would be just for today's sell off.  Why this stock can't find its legs is beyond me.  The copper is there.  Great location.  No permitting issues.  Certainly a head scratcher.
Comment by micromike on Nov 28, 2022 4:06pm
There’s no liquidity in this company. Last week there was a big sell order around $3.30 or so 11K shares. No takers. It looks like they got impatient and sold off today. Which caused a down draft. I bought a few shares today under 3 bucks. The share price is going to go up big time next year as long as the government doesn’t screw them up. You have to be patient with this stock. They have the ...more  
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