Oroco Resource Corp V.OCO

Didn't know that!

[SprengoM]

Was doing some DD on the financials of Oroco, how they raised capital over the last years, etc.
I didn't know that Mariusz was involved so heavily with the last 2 private placements as he received following finder's fee warrants during the last 2 private placements (it's on Oroco's website):

09/12/2020 (raised $15.480.000) : 70.000 warrants, expiry date 08/12/2022, exercise price of $1,2
15/09/2020 (raised $7.260.000): 575.000 warrants, already expired due to SP clause, exercise price of $0,6

Given today's stock price ($1,95), that's about $825.000 "given" to him for his services - so clearly there is conflict of interest at play when he "promotes" this stock.

This is just to say that you should ALWAYS do your own due diligence and not blindly trust in other people.

PS: the above post is just a fact and not some kind of insinuation that he is lying or overestimating the stock price.
I actually like Mariusz his videos and investment advice and bought some of his books.

[FrozenInOntario]

Hi Sprengo, You like Mariusz video but obviously you missed the one he did where he did disclose that he received warrants and that was way back in when they did their first placement.    And from your prior posts, I understand you had bought some share but was afraid to add because of the cartels.  So yes, one should do his own due diligence.  Preferably before he establish a

[johngalt77]

Lol, well put! cheers JG77

[SprengoM]

Hi Frozen, You are correct I missed that video. Can you give the youtube link? 

[FrozenInOntario]

Hi Sprengo, Which video are you looking for ?  You might want to read the Oroco NR when they did that fall financing, it was also disclosed by Oroco then if memory serves me.  If I was you, i would look at youtube around that date (not  before, after the financing). The following is also quite interesting. https://www.reddit.com/r/funny/comments/2tbvae/can_we_just_remove_all_the

[SprengoM]

The video you were referring to 1 post ago... not that it matters but if you're claiming facts you might as well post references to verify. And quite obviously Oroco mentiined it on their site, it's what I said in my original post. Not sure if I'm trusting that memory of yours... anyhow, if you want you can get one go at me and then we'll stop this stupid discussion ;)

[zins]

He was here posting about the legal case in arizona well before he received those warrents. Those links might still be on his website. At the time I enjoyed reading the legal docs from the court cases that were avaiable online and following along with the drama. While the court cases were ongoing some random posters showed up to the board to stir things up. They were probably connected with the

[rbarbarick]

Marius posted a video about a warrant that was issued in his name for a prior investment holding of his:   Those of us who have read Mariusz for years would have joined together to help him make bail but it never came to that. Mariusz

[rbarbarick]

The plain URL then: https://twitter.com/classicvalueinv/status/1322618456500559873

[rbarbarick]

A warrant being served:

[rbarbarick]

A warrant being served

[TiffanyDonato15]

All, Remember, no stress! Oroco wouldn't be where it's at today without the "help" of MS! Those that understand that will be the ones here at BO. Those that don't, us longs will happily buy your shares over the next 9-16 months. We had to raise money and he helped us do that at a far cheaper cost with loyal $ added to our vision. I wouldn't want it any other way and

[MikPrecious]

Just my two cents.  1. He was preaching way before he got a dime. 2. We at the end of the day to do our own due diligence with bias or without as it your money.  3. What he has done for oco Oco realized to pay him and it was completely disclosed on the press release by Oco.  4. So why should we care whether he said it or didnt. 5.  He went down there to Mexico and collected for

[auricgold]

sprengo, everyone here on this board knows that M raised money and got compensated. The fact he got warrants instead of cash is a great sign.

[AnchorValue]

M should have asked for stock instead.  At buyout, his payment from his unexcercised warrants will be taxed as ordinary income instead of capital gains (unless he exercises ... which I doubt he will as it is a semi-large capital base to cover) as a US resident. I am always rooting for M. But I do hope he has a securities lawyer. If things go sour, none of his videos will play well, the

[auricgold]

Anchore you are forgeting the greed factor of institutions. When copper is above 4$ and this is one of the largest discory on the planet at this time, I think you will be able to thrash institutions all you want in a video, they will buy. The next wave of investors is here already, its the eyeballs and the people who put in the PP, including some institutions.

[AnchorValue]

Sure. But there is a reason why the Company is working to initiate sell-side coverage, has worked behind the scenes with institutionals for funding. The cycle always goes Smart Retail -> Smart Institionals -> Dumb Instituonals -> Dumb Retail. Though rather than dumb retail as the ultimate exit here, hopefully a strategic steps in.

[AnchorValue]

To be clear, I don't believe that M has done anything wrong and I also don't fully believe that his videos have that much reach to be such a concern. I am semi-spit balling.

[MikPrecious]

If you asked how many investors on this billboard watched his videos and brought some comfort in buying and convinced on the asset and provided some of the key due diligence he did for us, it is simply immeasurable and amazing.  He is unique and genuine good person in my books.  He simply gave me the assurance in knowing this Oroco is going to make me an easy millionaire.  Your