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Bullboard - Stock Discussion Forum 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 Discussion

Oroco Resource Corp > Trying to flip this one? Be careful
View:
Post by momo14 on Nov 10, 2020 12:46pm

Trying to flip this one? Be careful

there is an open buy order imo..funds? probably or big hands check charts UP TREND and huge news coming
Comment by EStreet on Nov 10, 2020 1:22pm
Yes tempting to try and trade, recently observed the arrival of the 100 share bot traders and it looks like they have been trying to work this lower however large buyers have been coming in from a multitude of houses with good sized orders especially after low volume days,,. It would appear that OCO has been successful in getting the word out,, Also I like what they have done with the 3D IP ...more  
Comment by caliche on Nov 10, 2020 3:52pm
 "its getting increasingly difficult to ignore the value percentage in my portfolio,,!!" oco is up to 95.8% of my pf..lol  you get used to it
Comment by zins on Nov 10, 2020 5:21pm
I started buying into this one back in 2012/2013 as one of the long shots in my portfolio. Over the years as I've added to it and as I sold off other winners and losers it became a large holding and now maybe not 95% but certainly up there.  I wonder if that's partially driving the share price? A lot of long term holders here just patiently waiting keeping the actual float low vs ...more  
Comment by auricgold on Nov 10, 2020 6:25pm
I think a lot of people are buying still. There were warrants converted as well and even sold but this is maintaining its price for now. Once 3DIP comes out we will have a bump, and some selling, and a ton buying IMO.
Comment by ukermann on Nov 10, 2020 8:14pm
Yeah, So E-Street mentions that there might be multiple PR's on the 3D-IP.. I agree. When they released the preliminary results on the first 25%, they acknowledge they were at the 40% complete mark, and expecting to advance quickly. So, I think it's fair to guess by early Dec, they're done, leaving the results for the Geos. That said, there would be plenty of time to do again another ...more  
Comment by caliche on Nov 10, 2020 9:11pm
great observation zins, yes between the insiders and long term large shareholders there is limited supply of shares out there for purchase.. similar to SLS where large blocks are put away for long term (one thing i look for in an investment) ive been watching the dollar value bought per day and its hovering around $500,000 in canada pretty consistently which is great and means the shares move up ...more  
Comment by johngalt77 on Nov 11, 2020 2:33am
You have balls of steel cal :-) $OCO is ~70% of my PF now but I am not losing sleep over it.. yet!   I am likely to wait for the first drill results in Q2 - Historical drill results show ~0.4% Cu at  depths of 400m without assaying the Au/Ag/Mo from what I read. If they go to depths of 1000m and show higher grades (%CuEq), the stock could shoot to  >$3 (US) per share. I ...more  
Comment by johngalt77 on Nov 11, 2020 2:42am
Direct Link to $SLS report -  https://mcusercontent.com/110d0aa5f5d9bf9478796664e/files/9ac87606-edfa-4ed7-8cd6-eb2d5292847f/Solaris_Initiation_2020_4Nov_FINALja_RB.02.pdf
Comment by caliche on Nov 11, 2020 7:09pm
JG77 70% is ballsy too! im going to wait to see the results and assess then.. yours is a good strategy but if i'd buy those results on another stock i sure wouldnt be selling one  i own :) very exciting times ahead.. oh and 26 unrisked for sls?  weeeee!
Comment by AnchorValue on Nov 12, 2020 4:15am
My cost basis of OCO at .225 puts it at 40% of my portfolio. Where it is at now is just a distraction! 
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