Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Oroco Resource Corp. is a Canadian mineral exploration company focused on the assembly of mineral concessions which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico. The Santo Tomas project is a copper porphyry deposit defined by 106 diamond drill and reverse circulation drill holes totaling approximately 30,000 m.


TSXV:OCO - Post by User

Bullboard Posts
Comment by dr_airtimeon Apr 20, 2012 4:09pm
194 Views
Post# 19818349

RE: Liking these results....

RE: Liking these results....

These were done for the lender and apparently represent the first year of ore. You can see why the project has less than a one year payback and why a gold loan is a sane way to finance this project into production.

There was an article in Resource World a few months back where Oroco was a brokers pick specifically because of the rapid payback. It might be 6 months if Au is + $2000 in Q2 2013.

Once the PP is in place, Oroco is an execution story with the dependent variable being getting the heap-leach industrial-sized chemical experiment operating smoothly so the gold loan can be repaid.

Bullboard Posts