Marimaca Copper Corp T.MARI

Stock price and trading activity

[Hiezenberg]

Very disappointing to say the least. So Mitsubishi invests 20M at 4.30 ish and a few month later they are down a few million dollars. They can't be too happy about that. Not looking too good now. Curious if the recent drop has anything to do with the uncertainty created by what has just happened to First Quantum (FM) ... basically the got screwed by the Panama government and stock had gotten killed.

[Seahawks16]

I'm assuming most are familiar with the Lassonde curve, now, I understand its not perfect but backed by solid research and evidence. Its likely we're not shielded from typical junior mining stock behaviour on the way to production and maybe Mitsubishi is aware and just fine with the path we're on.  Khoemacau acquisition didn't appear to be inhibited by whats been happening

[Hiezenberg]

Curve or no curve, the stock price is going down in a straight line, and management has no comment or plan to support the stock price. We can use fancy words and charts, but that means nothing.... Its the stock price that matters, the rest is all fluff. A news release or a video interview with the CEO would be a good idea to explain what is happening and calm investors down. 

[grossmrkup]

Would be nice to see some insiders buying too!  

[Hiezenberg]

Volume is now 194K.  Not sure what is going on , but thats the largest volume I have seen in months. Let's see how the rest of the day goes.  thoughts anyone?

[Skater]

That is the most volume we have had since 2021.  Haywood is the buyer, CIBC major seller, wasn't a single transaction, but still looks planned as a number of large transactions occurred 5 seconds apart.

[grossmrkup]

Must have been planned ahead of time.  No way to sell that many shares without a buyer being ready to go. g