Oroco Resource Corp V.OCO

Weekend thoughts.

[caliche]

Copper had a strong close on the week. Oroco's IP program is in full swing already expanding the south zone to the east and to depth, both open! With copper going up and the deposit growing I can think of no other opportunity I've seen in 30 years with the potential to change lives as great as Oroco's Santo Tomas! Be right, sit tight, get rich! Shoutout to our friends in Victoria

[MikPrecious]

More to come.  The next IP news update is in two weeks and I heard it's just as spectacular.  This is at the minimum a $3 stock takeover but it in reality it should be about $4-5 I have been told they are aiming.  Smart people running the ship.  

[MariuszSkonieczny]

[Overertune]

Now the buyout target becomes 7$? Because of rising copper price?

[auricgold]

only if we have 1.5 billion lbs of copper. you multiply by 8cents a pound, thats the formaula I heard. and then 80% of that is OCO potyion. So yes, in theory but only if we dicover massive resource in north and brasiles zones. Caliche, please correct me, you know better. or even Mariousz.

[ukermann]

A $7-$8 doller buyout could very well be in the cards if the grade in the North Zone along with the Brasiles Zone comes in @ 1% or better. Add some depth to that, and the game changes. Billions of additional lbs at a high grade allows the buyer to get a much faster return on their investment, allowing the remaining life of mine to operate, and here we're talking decades, at cost. The initial $

[EStreet]

Way to many variables to speculate on a take out price,,. In mining lots can happen between now and then, both positive and negative,,. Realistically speaking, The North Zone 3DIP results within mere weeks could shed a lot more light on where the values are going,,. Brasiles as a dark horse could reallly be a game changer,,,,,,, exciteing times,,!!

[auricgold]

Agreed Mik. 3$ takeover minimum, however, if the other zones are massive we will be a 5$ takeover.