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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 > Copper at US$3.49 now
View:
Post by auricgold on Nov 29, 2020 11:38pm

Copper at US$3.49 now

Its going to be a good Monday!
Comment by EStreet on Nov 30, 2020 9:51am
$1.47 +$0.06 +4.26% $1.46 $1.47 121.9k You called it,,,,,,,,,,first 15 mins volume is moving the share price,,!!
Comment by auricgold on Nov 30, 2020 1:10pm
thank you EStreet, its a good Monday indeed. Looks like copper is headed to be $3.50 in 2020 and higher in 2021. Electrification of cars and trucks, global economy moving ahead in the next 12 months after Covid fallout, all of this is going to contribute to a strong copper.
Comment by EStreet on Nov 30, 2020 1:50pm
New record high out of the blue today, likely a vote of confidence along with speculation on the 3DIP North results, probable out of time if you want anything cheaper,,,,,,,,,timing couldnt be better for a press release especially with copper doing what its doing,,!!
Comment by MikPrecious on Nov 30, 2020 7:17pm
I think we may see past 1.60 soon or even 1.70  in the horizon hopefully before Christmas or next week maybe.  
Comment by AnchorValue on Nov 30, 2020 9:52pm
$2 CAD by christmas. I've been a good boy this year, Santa!
Comment by auricgold on Nov 30, 2020 11:31pm
me too!!! me too!!!   
Comment by auricgold on Nov 30, 2020 10:51pm
Eventually we will hit the mark. most likely 1.60$ we should hit by Christmas one would think.
Comment by EStreet on Dec 01, 2020 5:51pm
Pretty positive move just before todays close as they tore into that wall at 1.54 (42,000), after acting as resistance most of the day,,. Bullish move closeing at yet another record high,,.  This stock is just begging for a move higher, hard to think we wont see something tomorrow,,,,,,could be especially big if we get some more 3DIP, ,!!
Comment by EStreet on Dec 02, 2020 12:44pm
Looks like the levi just broke,,,,welcome to the 1.60's,,!! $1.60 +$0.06 +3.90% $1.58 [24] $1.60 [412] 280.5k $1.61 [$1.54] Aurigold,,,,    "most likely 1.60$ we should hit by Christmas one would think." a bit earlier then Christmas,,,,,,,,,,.
Comment by auricgold on Dec 02, 2020 1:33pm
Indeed a bit earlier thank Christmas. 
Comment by AnchorValue on Dec 02, 2020 4:53pm
our of curiosity, who has the highest take out price target? My has been $8 USD, but it was anticipating all the good news from 3dip + drilling.  
Comment by auricgold on Dec 02, 2020 6:47pm
Anchor, takeout at US$8 would mean we have to have at least a value of 3 billion USD and we get bought at 60% NPV. I think thats going to be hard or impossible. I would not be surprised USD 4 or 5 but not 8. this is still very good though.
Comment by AnchorValue on Dec 03, 2020 12:23am
im alone in my thinking, but given scarcity value and exploration potential, OCO should trade for 100% of NPV.
Comment by AnchorValue on Dec 03, 2020 12:59am
(obviously that will be dependent on having a v competitive bidding process ... hopefully the ibank that OCO hires ensures that happens)
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