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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 James100on Oct 11, 2018 2:32pm
64 Views
Post# 28782976

RE:thoughts on valuation

RE:thoughts on valuationI wonder if people aren't running another 50% discount calculation somewhere along the line, Cal. 

You know, the one where they say "Yes, but your resource is old and sketchy so we're cutting your tonnage."

That's where the screw turns for me. People who discount the resource because _____, versus people who can look around corner here and say "Yeah, but..."  I see potential for resource expansion / improvement. Starter pits? Yes, please. But the big shot here may be a doubling of total size of resource envelope? 

Is that asking too much at this point? Anything is possible... 
Bullboard Posts