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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 MariuszSkoniecznyon May 18, 2018 5:04pm
133 Views
Post# 28054904

RE:RE:RE:RE:...widespread interest in copper assets...

RE:RE:RE:RE:...widespread interest in copper assets...Thank you for this information.

You said, "I would assume that if the market digested the fact that we are at a minimum 20% owners, it would show more strengh in the share price."

If you were Oroco, you would want to show as much ownership as possible to have strong share price. Meaning that it is better to own 20 percent than 13.6 percent. Right now (based on what you said), people have to connect the dots to realize that Oroco is already at 20 percent.

Why wouldn't Oroco do the conversion like yesterday and clearly spell it out to shareholders and potential shareholder that the ownership of Altamura is at 20 percent?
Bullboard Posts