Marimaca Copper Corp T.MARI

Why no insiders buying?

[grossmrkup]

If Marimaca is such a great undervalued project then why is no one in management buying at these discounted levels?

[Woodman601]

We know management isn't buying, but who's selling? Level II   MARIMACA COPPER CORP.(CA:MARI) Size Bid Ask Size 100 3.81 3.85 3500 1800 3.80 3.89 400

[grossmrkup]

The selling is not random and someone is intentionally keeping the share price below $4.00 Management and the board should be cleaning out all these cheap shares.   How we going to get a buyout offer at $10 when the stock is trading at $3.80 It really is time for those who can to get in there and buy.  Show the market that they are behing the stock. 

[Woodman601]

Market Summary > Copper Futures 4.89 USD+1.01 (26.01%)year to date May 14, 10:31a.m. EDT • Disclaimer

[Woodman601]

GM you're saying what a lot of us have been thinking for a long time 

[Richiechile]

Completely agree.  Very disappointing. This is the nub of the issue. Management are paid regardless of outcome.  Speed of DFS and permitting has been glacial. Hayden has been involved for 4 years. With copper above $5/lb, the NPV share must be closer to C$16/share.  Some significant insider buying well over due as well as delivering outcomes on permitting, DFS and Sierra Medina