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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
Post by calicheon May 10, 2019 6:00pm
177 Views
Post# 29736384

Copper, Gold, Silver, and Moly

Copper, Gold, Silver, and MolyPorphyrys typically have a suite of primary economic metals usually copper or gold in various ratios with accompanying secondary byproducts of silver and molybdenum.

Santo Tomas SO FAR has

8.5 billion pounds copper

1.5 million ounces of gold

70 million ounces of silver

170 million pounds of moly

on a gross value it is immense.. at todays prices 

8.5bn*2.79= $23.7 billion

1.5mm*1285= $1.93 billion

70mm*14.71= $1.03 billion

170mm*12.46= $2.12 billion**

**moly oxide price

totalled thats 29 billion dollars or 10.4 billion pounds of cueq

if we value those cueq pounds at only 3 cents (RBC in situ price) we get $311.8 million dollars

and dividing that by 155 million shares post altamura transaction we get 2.01 usd

the closing price in the us today was .325 so there is a deep discount to value buying todays share price 

another way to look at it is buying today we are paying less than half a penny a pound (.48 cents to be exact) to get to 3 cents in gound we are looking at 6 times our money

to get to a buyout price of 9 cents we are looking at a multiple of 18.5 times!

just on what we have NOW..

is it a steal at .325.. you decide

 





 





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