Oroco Resource Corp V.OCO

BASELESS PROMOTION - UNPROVEN RESOURCE - PLEASE STOP!

[Chuburashka]

Oroco Resource: A Lofty Valuation For A Historical Resource (OTCMKTS:ORRCF) | Seeking Alpha

Enough is enough!

Many of the posters on this board are making the most ridiculous baseless promotional claims.  Ore body estimates, buy outs, "people buying in", $18.00/Share, the list can go on infinitum. 

While making these claims they are ignoring glaring facts:

1. Ore body is not proven.
2. Ignoring or unaware of Macro market influence.  ie.  treasury yields
3. Ignoring or unaware that a financing at half price get one free shares off retail is BAD.
4.  Impending downward pressure from indiders/early investors selling cheap shares for xmas
5.  The length of time between now and if/when a resource is proven
6.  The unstable and dangerous pysical location of the speculative exploration sites.
7.  Real pause and concern about prospects of bad actors affecting this companies prospects
8. Lastly, real value.  (see seeking alpha analysis)

Anyone interested in this company maybe better served to make a ton of money in risk asset market for the next 5 months and revisit this highly speculative and IMHO currently way over valued speculuative high risk endeavour closer to drilling results.  

Oroco Resource: A Lofty Valuation For A Historical Resource (OTCMKTS:ORRCF) | Seeking Alpha

Summary

Oroco Resource is one of the top-performing copper stocks this year, up over 330% year-to-date.

The company is currently exploring the Santo Tomas Project near Chihuahua, Mexico, where it holds a 62% interest in the project's core concessions.

Unfortunately, for investors, Oroco is now trading at a valuation of above US$0.08/pound of copper for a resource estimate that is not yet NI-43-101 compliant (historical in nature).

This leaves the stock significantly overvalued relative to what's been paid in M&A transactions in the past, with the stock also severely overbought at US$1.50.

Therefore, I see the US$1.50 area as a good spot to book some profits at current levels as the stock looks to have got ahead of itself on a valuation basis.
 

Oroco Resource: A Lofty Valuation For A Historical Resource (OTCMKTS:ORRCF) | Seeking Alpha