Bullboard - Stock Discussion Forum Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

Oroco Resource Corp. is a Canadian mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in Mexico. It holds a net 85.5% interest in those central concessions that comprise 1,173 hectares (ha) (the Core Concessions) of The Santo Tomas Project, located in northwestern Mexico. It also holds an 80% interest in an additional 7,861 ha of mineral... see more

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TSXV:OCO - Post Discussion

Oroco Resource Corp > Selling

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Post by CanadianRaccoon on Nov 30, 2021 7:50am

Selling

Someone wants out this morning. Selling 49100 shares at 2.55$ CAD.

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Comment by CanadianRaccoon on Dec 03, 2021 7:37am

Someone wants out this morning again. Selling 86200 shares at 2.58$ CAD.

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Comment by mrobpor on Dec 03, 2021 8:58am

Keep in mind that only a few hundred thousand dollars trades on average each day. That's on hundreds of millions of market cap. It's nothing. At this point, we're waiting on assays or a copper price spike to move Oroco stock price in any sustainable way. Those who drove up the price ahead of supposed October assays have moved on. Maybe this seller is a straggler :)

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Comment by johngalt77 on Dec 03, 2021 9:23am

Does anyone know if they received the assay results and if it is taking them longer to consolidate the results? Or have they not received the assay results at all?

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Comment by BullStockington on Dec 03, 2021 9:48am

The former. After receiving assays from the lab there are a number of steps before results are published in a NR. These include data processing and compilation, internal QC and analysis, drafting and internally approving the NR, QP review and sign off, exchange review and sign off. Some of these steps are somewhat outside of the company's control and I imagine the process is taking ...more

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