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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 > MOST COMPELLING FIGURE of this Final DCIP report: Fig 3
View:
Post by NeftyIvan on Jun 02, 2021 8:59am

MOST COMPELLING FIGURE of this Final DCIP report: Fig 3

Figure 3 --- which is a North-to-South PERSPECTIVE VIEW of the FINAL DCIP chargeability model --- includes an insert image of the original 0.30% Cu GradeShell ... so that one can see, very easily and in direct contrast, the FINAL "high confidence" potential extent of the full ST mineralization feature ... that is, starting from the South Zone and going all the way to the northern recorded area in Braziles.

For what it is worth --- this chargeability model, of course, needs to be verified by direct core measurements --- I find this contrast of gross magnitude-size-extent to be MIND-BLOWING!

Just eye-balling it, for now, the gross magnitude increase of this final chargeability model MAY BE about 10X --- yes, 10 TIMES --- larger than that previous GradeShell.

OMG!
Comment by Overertune on Jun 02, 2021 10:03am
SP dropped a lot!
Comment by NeftyIvan on Jun 02, 2021 10:37am
Yeah, but, is this NOT the CLASSIC SHORT TERM RESPONSE? During the past several weeks, investors had already BOUGHT on the RUMOR ... and now they are SELLING ON THE NEWS. To emphasize: today's trading is CLASSIC short-term investor behavior. In the meantime, I strive to keep my eye on the ball: OCO is a LONGER-TERM play --- at a minimum, several months, unless some suitor swoops in and makes ...more  
Comment by EStreet on Jun 02, 2021 12:52pm
"I am curious, did you personally --- all other things being equal --- believe that OCO would shoot upwards on such 3DIP news ALONE?" Personally I thought the cat was out of the bag on the previous 3DIP update where they indicated that they had traced the anomaly across the abyss to the vicinity of the gossans,,. I was having kittens on the results as I thought that ...more  
Comment by Overertune on Jun 02, 2021 1:45pm
I don't think it is sell on news. Might be uncertainty of when the drilling will start.  I have the same concern too but I know it is hard to buy back once the permit is approved.
Comment by NeftyIvan on Jun 02, 2021 2:15pm
I, personally, share much of your opinion. Further, in my investment model, I see OCO --- aside from the obvious differences --- as largely similar to many other TSXV "Advanced Exploration Phase" equities: by definition, the ultimate goal, in this particular defined stage, is to do one thing, and, that is TO REDUCE TECHNICAL UNCERTAINTY. Very few, if any, potential buyout suitors ...more  
Comment by pullsea on Jun 02, 2021 2:58pm
thanks both. So very said / articulated. Please keep it coming.
Comment by pullsea on Jun 02, 2021 3:00pm
Meant "so very WELL said / articulated.
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