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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 > So what's next ?
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Post by FrozenInOntario on Jun 04, 2021 10:57am

So what's next ?

Listened again to the 2 presentations.    Tone of management has perked up : exciting is the new buzzword.
The way I see it, these results provide more upside options and another blue sky scenario as the deposit is still open to the north.   How much upside ?   A lot more, way more.    Thinking about it,  we do not pay nothing right now for this upside.   Free option.
So the price is wavering a bit.  So what ?  The big boys have not made it to the poker table yet.  Need drilling.      Start was promised before the end of June.   So far, mgt has held their promises.   Would I add more ?  Sure, but I am all in and we need a new bunch of shareholders to come in.    
So back to waiting for the permits and the drilling, and to a lesser extent, a new presentation with more meat on the 3Dip and Lidar results.    We will not have a long time to wait.   And who knows, mgt could make a raise financed by a major anytime.   A 10% stake taken by a big boy would do wonders for the stock price.
GLTA   
Drilling, Drilling, everywhere I see drilling mentionned.    This makes a pretty good case for investing in drillers :)
Comment by NeftyIvan on Jun 04, 2021 12:38pm
FIO, I agree largely with your comment; mostly this one "The big boys have not made it to the poker table yet." By "big boys", I assume that you are referring to INSTITUTIONAL INVESTORS, yes? IMO, they will start to jump in ... ONCE the STAGED Compliant Resource documents start to be made public; where such will be happening AFTER the groupings of 10-20 core hole CERTIFIED ...more  
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