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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 > Caesars Update
View:
Post by pancakesgalore on Dec 16, 2020 3:06am

Caesars Update

https://www.caesarsreport.com/blog/oroco-raises-c15-5m-now-fully-funded-to-complete-the-santo-tomas-earn-in-agreement/
Comment by rbarbarick on Dec 16, 2020 12:17pm
The advice to sell shares to make one's basis cost $0 may look brilliant if the market drops or continues to be volatile--things that markets do regardless of fundamentals. Newsletter writers are skilled at writing things that they can boaast  about in hindsight. The comments on insider selling are not helpful.  The insiders who hold a massive amounts of shares are NOT sellling.  ...more  
Comment by twaver on Dec 16, 2020 12:25pm
While I can understand the logic of taking one's seed money off the table when up several hundred percent, I found the latest Caesars report rather vacuous in that it spent a lot of time harping on that theme without adequately adressing the myriod catalysts on the horizon.  They seem to acknowledge that our prospects going forward are great, but really failed to enumerate or detail the ...more  
Comment by rbarbarick on Dec 16, 2020 12:54pm
Oroco is a sponosor of the Caesarsreport web site and I would never dismiss his updates as drivel. He is pointing out that after a tidal wave of funding and the recent share price increases that the stock may have caught up or even exceeded with what is known.  The historical copper needs to be rediscovered per current standards and exploration can be fickle even with the best buried treaure ...more  
Comment by pancakesgalore on Dec 16, 2020 1:15pm
I agree with your sentiment. However, just for the sake of clarity, Caesar did report that he sold some shares in the disclosure at the bottom of the page.
Comment by rbarbarick on Dec 16, 2020 1:31pm
pancasesgalore--Thank you; I  see the sale info now. He may also excel at poker with that approach to betting.
Comment by AnchorValue on Dec 16, 2020 1:36pm
I thought the Caesars article was poor form. I may be wrong, but I don't believe any of the previous reports discussed price targets.