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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Oroco Resource Corp

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Comment by FANTOMASon Mar 08, 2014 1:54am

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Post# 22297602

RE:Goldcorp knows

mouserman wrote:
Regardless of whether Goldcorp officially had the assaying done from the Xochipal drill program, they likely have a very good idea of what is in there.[.....] The fact that they are stalling means there is some good stuff in there..... Quite possible they are trying to get a deal done without letting OCO management in on what they know.

mouserman,
Goldcorp is NOT "stalling" since OCO has not even talked with them.
And they can't "get a deal done" with OCO, without disclosing information they have about a property that didn't belong to them when they got this information.
This would be illegal.
And I'm pretty sure, Goldcorp found something at Xochipala, otherwise they wouldn't have done a second drill program and spent well over $ 1 million, if the first one was unsuccesful.
Jmho.
FANTOMAS

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