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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 > The BZ Holes: Boom Or Bust?
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Post by Copperking102 on Jun 04, 2022 8:40pm

The BZ Holes: Boom Or Bust?

So back in early May, Craig posted a video saying the first 3 holes were back in from the assay lab, and pending interpretive results from the team, he felt if there was no need for any re- assays, the results would be made public in about two weeks or so. Monday starts week number 4. 
There was some speculation on another board that those first couple of holes had some pretty good concentrations of gold in there, driving up the grade to over 1%. These guys obviously have a very serious project on their hands, and any early misinformation mistakes would jeopardise their credibility to the markets. I'm thinking they asked for a confirmation run at the lab, just to be sure, before they announce. We might be sitting on some Filo type returns. Patience...So hard to wait.....
Comment by mrobpor on Jun 06, 2022 9:00am
And re-assays add roughly 2 weeks if I recall correctly. So, maybe we get next week. This week would be a welcome suprise. 
Comment by Patriot on Jun 06, 2022 9:44am
If that is the case then they should put out a news release to that effect and not play games .
Comment by Gummbah on Jun 06, 2022 12:51pm
Maybe the Brasiles assays are 'lost', just like with the historical.
Comment by Copperking102 on Jun 06, 2022 3:24pm
Sounds like a Hollywood production..."The Ghost of the Brasiles"....Only this time we get a happy ending!
Comment by Copperking102 on Jun 08, 2022 8:46pm
I don't think they could do that. If they did, I'm sure the authorities would demand a halt on pending news. This is week #5 that they have them, so for sure it's not the in-house guys confused as to what they're seeing. Furthermore, this team is too straight to screw around with data, so in my view they're being reconfirmed.  Hopefully, they get the news they want and lay ...more  
Comment by mrobpor on Jun 09, 2022 10:04am
I tend to agree with you. Looks like next week, unless they surprise with an after market close NR today. They must be struggling to agree on what's gold or not :) 
Comment by Ismail on Jun 06, 2022 9:25am
I think it would be best to temper expectations regarding initial results from Brasiles. All the messaging from management of late has been that it will take time to fully delineate the resource in Brasiles and that the priority is very much the North Zone at present.