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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
Comment by calicheon Oct 22, 2017 11:36pm
169 Views
Post# 26843177

RE:RE:Added today

RE:RE:Added todayHi ukermann, those days were indeed fun, i havent had a real good hit since NES.. i think OCO will be it..

Most boards have unfortunately fallen in quality over the years.. they seem to have a few good years and then get too popular or whatever..

as for OCO.. i think the new property will be a doozie  for Ken to come out of retirement and the ceo to buy up 4 million shares in the market is a screaming sign post to success

as for xochipala i think they may do a deal with leagold or just sell the property for cash if its an acceptable offer..IMHO they will not buy OCO oughtright since as you say we will have another business. in copper if what ive heard is correct..

we have been buying from about 4 cents up to 8 in the last push..got another pile ~150K last week at .065 so im not complaining the market has come off a bit..lol  and yes i agree there is very little downsice esp with the ceo buying at the end of last week as well


I cant wait for the announcement of the new deal.. as you say with 80 mil outstanding (and a very loyal and managemet friendly shareholder base) this one is going to be lots of fun!


warmest regards

caliche




Bullboard Posts