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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 HeyIrishon Feb 12, 2014 5:06pm
204 Views
Post# 22202044

RE:RE:No Cores..

RE:RE:No Cores..I'm not trying to rain on your (or my) parade buy here goes: Goldgroup shares worth around $990,000. Just to keep a company listed on the TSXV is about $250,000 that leaves around $740,000. Now you have current debts and new debts coming on line for 2014. There is not enough money for a drill program. We could sit and wait for Gold Group to get over 1,000 produced and we'll see some money. But when? Current production last month was around 280 oz. I believe this company will need to do a PP before they can drill. If Goldcorp did not have any rights to drill OCO's property then we need to get the cores if they did have a legal right to drill the property then we need to make a deal and fast. To me this company at this price level has a 14 day shelf life before it goes down to about 5 cents. Clock is ticking. Needs news to improve sp or it just becomes another Venture pop and poop.
Bullboard Posts