RE:When buyout?That will be Q2 probably.
First, they are, I think, going to announce a (small) pp. @80 cents?
Also, expect new drilling results from the South zone.
After that comes the PEA.
I'm waiting for that pp dip, that will be an amazing buying opportunity.
A big wave of new investors will look at Oroco once they have that PEA, 43-101 etc and they have stuck that for sale sign in the ground at the front entrance. Then the market will realize how low this stock is trading at.
Re-ratings happen fast. Before you know it, Oroco trades at 2 bucks by then.
Once a big miner makes a move, Oroco should sell at $4 minimum. That's a 5x from here.
The risk/reward is amazing, because how low can this stock go down even more? The copper isn't going anywhere, and in a copper bull market, the value of that deposit only increases.