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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...
concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project hosts a large, outcropping porphyry copper deposit comprised of fracture-hosted and disseminated copper and molybdenum sulphides with significant gold and silver credits. Its Xochipala Property is comprised of the Celia Gene (100 ha) and the contiguous Celia Generosa (93 ha) concessions. Its Salvador Property is a 100-hectare mining concession, which lies around 25 kilometers (kms) to the west of the Xochipala Property and 30 kms west of Chilpancingo, Guerrero.
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Bullboard (TSXV:OCO)
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(13)
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LAG4
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Post by
LAG4
on Mar 15, 2022 11:46am
No volume in the $1.70,s
I get they needed to do a raise however the way this has been done they sucked the wind out of the share price,. Some real gaslighting going on here, not the least of which are the same folks that
...more
(45)
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coppermonster
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Comment by
coppermonster
on Mar 14, 2022 2:17pm
RE:RE:RE:RE:RE:RE:RE:Private placement - provision of a reserve for acquisitions
The are down to $9m or so if you look at the investor deck. Drilling costs a lot of money. Burn rate is $1.5m a month. So they had to raise. You don't want to be down to $5m and risk running dry
...more
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
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In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(8)
•••
Basketfan
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Comment by
Basketfan
on Mar 14, 2022 1:41pm
RE:Images / videos from Twitter from different users
https://twitter.com/i/status/1503403617155309578
(60)
•••
FrozenInOntario
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Comment by
FrozenInOntario
on Mar 14, 2022 11:31am
RE:RE:RE:RE:RE:RE:Private placement - provision of a reserve for acquisitions
Thanks for posting. A couple of observations, M. mentions 2 or 3 drills on site. Either he does not follow the situation that closely or it is kind of a tell, in poker parlance
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(8)
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Basketfan
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Comment by
Basketfan
on Mar 12, 2022 9:14am
RE:RE:RE:RE:RE:Private placement - provision of a reserve for acquisitions
(8)
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jmsims2
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Comment by
jmsims2
on Mar 10, 2022 5:19pm
RE:RE:RE:RE:Private placement - provision of a reserve for acquisitions
Some context from Malte on Twitter about the deposit extending into areas they don't own https://twitter.com/malte_humpert/status/1502046021672751111?s=21
(14)
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LandyJ
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Comment by
LandyJ
on Mar 10, 2022 5:18pm
RE:RE:RE:Private placement - provision of a reserve for acquisitions
It could be they have another project in mind, and the sale of ST will not be the sale of the Company as a whole. Also, there was a provision I (kinda) remember where, after the Company spent enough
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(62)
•••
Copperking102
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Comment by
Copperking102
on Mar 10, 2022 5:11pm
RE:Best we've seen in a while,.
I suspect they're really liking what they're seeing in the BZ cores. I've seen this before in that the company does a PP, waits for the close, then about 10 days later announce terrific
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(60)
•••
FrozenInOntario
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Comment by
FrozenInOntario
on Mar 10, 2022 4:54pm
RE:RE:Private placement - provision of a reserve for acquisitions
Not too sure, they buy from Rodriguez by spending on the project. I looked at their last private placement and it was providing more details. This one sound like a war
...more
(8)
•••
jmsims2
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Comment by
jmsims2
on Mar 10, 2022 4:33pm
RE:Private placement - provision of a reserve for acquisitions
My guess is that would be to acquire more of the property they don't already own, something similar to what happened in this release, maybe? https://www.orocoresourcecorp.com/news/oroco-increases
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(60)
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FrozenInOntario
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Post by
FrozenInOntario
on Mar 10, 2022 4:27pm
Private placement - provision of a reserve for acquisitions
1.70 and one full warrant at 2.40. More costly than the last one where they only gave one half warrant. But what do they mean by reserve for acquisitions ??? What gives ?
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(13)
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LAG4
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Post by
LAG4
on Mar 10, 2022 4:17pm
Best we've seen in a while,.
Not explosive with this volume however we didn't see the traders sell off the minute this went up,. Perhaps a sign this eposode is drawing to an end?
(8)
•••
jmsims2
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Comment by
jmsims2
on Mar 08, 2022 5:54pm
RE:RE:Losers and Liars
More about gold at Santo Tomas... https://pakiyafunds.wordpress.com/2022/01/31/oroco-resource-brasiles-rich-in-gold/
(8)
•••
jmsims2
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Comment by
jmsims2
on Mar 08, 2022 5:53pm
RE:RE:Losers and Liars
https://pakiyafunds.wordpress.com/2022/01/31/oroco-resource-brasiles-rich-in-gold/
(8)
•••
jmsims2
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Comment by
jmsims2
on Mar 08, 2022 5:51pm
RE:Losers and Liars
Santo Tomas has good too https://www.researchgate.net/publication/358229473_Santo_Tomas_a_particularly_elongated_Porphyry_Copper_Deposit_When_Tectonics_are_in_your_favor_Presentation_-_Discoveries
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