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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Post by calicheon Jul 30, 2018 3:51pm

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Post# 28387201

Santo Tomas valuation in ground

it looks like copper in gound is being valued between 2 and 5 cents per pound.

Exall reported 7.4 billion pounds of copper not including gold, silver and moly credits.

being conservative and using 2.5 cents per pound a 60% ownership (possibly higher) we get

4.5 billion pounds copper metal at .025 we should be valued at 112.5 million USD

146 million CAD

currently we sit at 20.5 million..

the re valuation will be swift and permanent no more bargains after legals are sorted!

this is a very special situation, one i have not seen before..or probably will ever see again.

I keep hearing there is no way OCO will pull it off..most money is made when a company does something no one thinks is possible..place your bets.. i've pushed all in already!

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