Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Comment by calicheon Feb 17, 2018 1:16am

107 Views

Post# 27576732

RE:End Of The Month

i dont think they are doing this for 33%

i would like to see 51 to 55% that way we are in the drivers seat.

my back of the envelope targets for melow medium and high for demonstration purposes only to see how a cent here and a few pounds there add up

low

6 US cents per pound
35% ownership
6 billion pounds copper
120 mm shares
1.05 us = 1.30 cdn

med

7.5 US cents per pound
7 billion pounds copper
40% ownership
110 million shares
1.90 us = 2.37 cdn

high

9 us cents per pound
8 billion pounds copper
55% ownership
100 million shares
3.96 us = 4.92 cdn

twaver how did you come up with your 15 times target? which would be 1.80 i assume in cdn funds

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