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.

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Oroco Resource Corp > Another Raise Following Drill Permits

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Comment by auricgoldon May 17, 2021 2:52pm

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Post# 33215365

RE:RE:RE:RE:RE:RE:RE:Another Raise Following Drill Permits

Overtune, I dont know, I am assuming drilling. First i heard 30 to 40 mill will do the trick, now I hear AnOTHER 30 million. The property IS LARGE so I am not surprised. The more we drill with high tech equipment, the more we can unlock the potential for a buyer eventually. I am definitely not against rasing more cash. My point was to wait till drilling, which they will because the institutions already are telling them they want to see something first, and then raise 50 million if you want at 4 to 5 bucks. No issue there. By the looks of it, we will not be raising under 4$. So by the time drill results come in, we should be at a 5$ floor in my optinion and then it makes sense to raise so we go to 10$+