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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

Comment by auricgoldon Sep 27, 2020 12:49pm
189 Views
Post# 31626640

RE:RE:RE:What a great month!

RE:RE:RE:What a great month!Hi Ukermann, I think you are a bit too optimistic and stretching a bit what is being said about timing. 
  • 3DIP: Takes 8 weeks to complete and get results, so we should expect this mid November at earliest.
  • Permits: We still need to get them, and since December and January up to 15th are complete shut down in MX, we should anticipate permits and drilling in Q3.
I just dont want people here to be too optimisitc and to keep a realistic timeline. Regardless, I am thinking we could hit 2$ by next summer if the drill results are good.

ukermann wrote: Yeah, so while Sept was a good month for the share price, I think Oct is going to be even better. The 3D-IP flyover must just about be done. Somebody here had posted its a two-week job. If true, October will be the interpretation time, but we know that the first 3-5 holes are going in the high-grade North zone and or the confirmation of those "lost" Brasiles holes that were rumored to be over a 1% grade at 200+ meters+. I hope the permits are nearby, so we can move quickly and get some cores reported before Christmas. That would set the table for a run in '21 that can easily get us up over 5 bucks US as this thing grows and grows...

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