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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

Post by SprengoMon Mar 11, 2021 9:33am
411 Views
Post# 32771268

Didn't know that!

Didn't know that!Was doing some DD on the financials of Oroco, how they raised capital over the last years, etc.
I didn't know that Mariusz was involved so heavily with the last 2 private placements as he received following finder's fee warrants during the last 2 private placements (it's on Oroco's website):

09/12/2020 (raised $15.480.000) : 70.000 warrants, expiry date 08/12/2022, exercise price of $1,2
15/09/2020 (raised $7.260.000): 575.000 warrants, already expired due to SP clause, exercise price of $0,6

Given today's stock price ($1,95), that's about $825.000 "given" to him for his services - so clearly there is conflict of interest at play when he "promotes" this stock.

This is just to say that you should ALWAYS do your own due diligence and not blindly trust in other people.

PS: the above post is just a fact and not some kind of insinuation that he is lying or overestimating the stock price.
I actually like Mariusz his videos and investment advice and bought some of his books.
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