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

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Comment by thereaderon May 22, 2018 2:06pm

91 Views

Post# 28064589

RE:Why the pull-back?

I think the move up was so rapid that this pullback was inevitable. The stock went up 2.5X over about a month. at the end of that run it went up 50% in 4 or 5 trading sessions. A reversal was gonna happen.

A pullback of about a third of that run was kind of easy to predict. That's about where it's trading now. It should rebuild a base here.

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