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 Apr 16, 2018 9:57pm

104 Views

Post# 27894912

RE:The market is starting to beleive

twaver, i totally agree we know the metal is there and believe any issues will soon be behind us.

it looks like the market is coming around to our way of thinking and it looked like most trades were on the ask today.

eventhough the placement was increased there is still an appetite for more shares..

the only thing i disagree with you is that i have a much higher minimum price there is no way i would vote for a takeout of 112 mil USD with a copper supply shortfall looming with prices rising for the next while

that is less than 1.5 cents per pound..

im looking for more like 6 to 8 cents per pound..which puts us right on your $5 target :)

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