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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 Pepelepieuxon Jan 21, 2021 8:43pm
270 Views
Post# 32356185

RE:RE:RE:Santo Thomas and Haib

RE:RE:RE:Santo Thomas and Haib

Thx for the kind words. I give credit for much of what I learned to the fact that I invested through Mariusz from the very beginning. He paid the price to be the investor he got to be. Some mining companies tried to hire him to raise money for them, but he flatly rejected them as he would never recommend an investment that is not good enough for him to invest in.  I don't know how those who recommend companies that they don't believe in, sleep at night! 

We're both afraid that the incredible success that OCO has been, and is likely to continue to be, may give new investors the false sense of the level of knowledge they now have in the mining industry.  The number of things that could go wrong is incredible; so much so that I SOLD OCO at $US .04 despite Mariusz insisting that I not do it, and it wasn't until it had tripled that I bought it back! Imagine having gone through many mining investments and through everything that could go wrong in that field, being about to throw in the towel, and your investment advisor tells you that this little company trading for $.04 a share will eventually grow to $5 a share (he was never this bullish on any other company)!  Yep, he made that projection when it was $.04!  And it was based on solid research, including the likelihood of winning the legal battle, and the likelihood of the historical drilling being accurate. He didn't even include the potential of expanding the resource or the bullish case for copper price (he didn't want to sound completely unbelievable! LOL!) 

My problem is that Mariusz has found several other companies that are potential 5+ baggers that I can't wait for OCO to harvest its potential to redeploy more of my capital in those areas. OCO may be our last miner for a long, long time. It's incredible that its remaining potential is still so great though!

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