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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Metals & Mining Gold
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

Oroco Resource Corp
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Comment by jmsims2on Apr 28, 2020 12:00pm
116 Views
Post# 30962200

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCX Issues Its View on Copper

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCX Issues Its View on CopperHere is from their website.  All prices in Hong Kong dollars, which at the exchange rate puts them at under a billion USD market cap.  So if we are wanting to get half a billion or a billion for ST, Jinchuan would be paying their entire market cap for it.  Of course, if they are backed by the Chinese government, market cap probably doesn't matter that much.  In other words, on their own, I'm not sure they are a buyer, but with a partner (a mining partner or a government partner) then maybe.

https://www.jinchuan-intl.com/en/investor_relations/stock-information.php
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