Penny flippers Once the penny flippers are gone, this stock should start a nice and steady climb, because the fundamentals have changed significantly with the latest news.
OCO wasn't given any credit before, because they sold their flagship property for $ 14 million, but didn't have legal confirmation on their other (very promising) property Xochipala.
In fact, you basically just had a shell with some cash coming in over the next few years, but nothing to put that money to work.
That's why it languished around $ 0.04, although the incoming money would be worth $ 0.17/share.
Obviously, with the positive Amparo ruling on Xochipala, Oroco is back and has a good chance to prove a nice deposit on their claims.
This should bring it back closer to their intrinsic value and opens up a lot of blue sky potential in form of drill results and possible take-over.
This is good value investment again at these levels.
FANTOMAS