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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

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.


TSXV:OCO - Post by User

Bullboard Posts
Post by franco62on Jan 02, 2016 9:47pm
157 Views
Post# 24425351

Fair value of this exploration company ??

Fair value of this exploration company ??Hi,

I'm considering buying some stock and I'm wondering what is the fair value of this company. As of Febuary 2015 (3rd QTR) the asset of the company was:

4,777K  $ CDN

They own 14,125 M of GGA shares...   +3,6 M (that they we're supposed to sell don't know if thed sold them) at .10 per share

$ 950K US to receive fron GGA end of payment september 2016.

We know that right now, there is no exploration but, it's got to worth someting

Thank's for your reply
Bullboard Posts