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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 ukermannon Mar 05, 2019 8:48pm
109 Views
Post# 29447064

RE:RE:RE:RE:Legal Update from Oroco

RE:RE:RE:RE:Legal Update from OrocoI suspect OCO's legal counsel advised that they let a little air out of the balloon, in the event things don't go as swimmingly as they've advertised. We're dealing with a property that will bring in Billion$ to it's eventual owners in a country whose reputation for corruption ranks second to no one. When this kind of money is at stake, people in key positions can be reached by those who can/will benefit. So for me, that is the biggest risk in this claim of ownership, and I believe we, the good guys will prevail, but it will take lots of legal skill, time, and a little luck. My advice to all is stay long and strong, as what's true and right will usually prevail.
Bullboard Posts