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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 NeftyIvanon Jun 04, 2021 12:38pm
193 Views
Post# 33330393

RE:So what's next ?

RE:So what's next ?FIO, I agree largely with your comment; mostly this one "The big boys have not made it to the poker table yet."

By "big boys", I assume that you are referring to INSTITUTIONAL INVESTORS, yes?

IMO, they will start to jump in ... ONCE the STAGED Compliant Resource documents start to be made public; where such will be happening AFTER the groupings of 10-20 core hole CERTIFIED ASSAY RESULT are available and the respective portion of the 3D MINERALIZATION MODEL is completed.

Regarding drill permits: I don't know that it is possible for me to care less about such "permit news".

IMO, >95% probability, the drill permits, sometime in the nearer-term future, will be in-hand.

If I was concerned about not getting such permits, I would not be in the right investment. IOW: if we had management that, in a MULTI-BILLION DOLLAR project, could not manage drill permits, than, it would be abundantly clear that we would have bigger problems than drill permits; we would have INCOMPITENT MANAGEMENT and should sell share immediately, if not sooner.

Again, my take: the permits are coming; but, that, at this moment, in the grand scheme of things, they are just not the top priority.

OCO management, I trust, has this --- especially trivial items like permits --- ALL UNDER CONTROL.
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