Oroco Resource Corp V.OCO

Volume speaks itself

[momo14]

and float drying

[auricgold]

new float above 80 is being created. i think we traded several million shares above 70 in the last 3 weeks.

[EStreet]

Yes,,,US & Canda Volume up to 1 million per day, last two days,,. All above 80 Cents,,!!

[auricgold]

there is a good base forming here between 75 and 85. Once 3DIP is announced we should see movement upward and once there are results, lets say by mid November or so, this should shoot well past 1$ in my opinion. Q1 2021 is drilling and then news every 2 weeks. This could be fun. I can see people moving from gold stocks to copper in late 2021. 

[EStreet]

Not retail,,,,,definitely under accumulation, slow and methodical, no trading games so far, they have obviously gotten the story out since March,,!!

[ukermann]

So while we all strive to "get in" at the best possible price, others have governors on their entry points. Background decisions might have been made, but restrictions as to price, prohibit large funds, institutional types from jumping in until it passes and holds the $1.00 mark. So once that happens, I'm sure we zoom to the $1.25 + area on heavy volume as a new base of support. I

[johngalt77]

While I am happy with the shares move up to 80s ,, I am just patiently waiting for them to announce the 3D-IP start, it has been long due. It would be great if they provide visibility into their plans and timelines for drilling and assay results but given how conservative the management is, that would be expecting too much.. cheers JG77

[Basketfan]

Sorry this is not right. According to my information, the speech was always from mid / end of October 

[johngalt77]

Hmm, not true.. When I checked with Oroco early Aug, They were aiming for 3D IP results in Oct and the shooting was expected to complete by Aug end after transit delays. It is likely that the results will now be in Nov since the shooting has not started and will take 2 weeks. Cheers JG77

[AnchorValue]

I think Ian just boarded his flight to Mexico ... so I think we can expect a formal 3dip announcment in the next week or so 

[johngalt77]

Working during the labor day weekend? This management is impressive!

[AnchorValue]

they've had enough time off because of COVID! Time to get to work ...

[Patriot]

Thanks Marius

[auricgold]

Ukermann, I think you are right. Once 1$ comes, we will be on the radar of a ton  of funds. I dont think we will make it to TSX senior as we will most likely be bought out by then. It doesnt warrant the cost of TSX and all the headachs. Right now the stock trades amazingly on OTCQB and TSX.V. No reason to increase listing costs and headaches. Better to spend the money on drilling!!