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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 BullStockingtonon Aug 29, 2019 8:57am
106 Views
Post# 30078500

RE:6 Reasons Oroco/OCO is at C$0.40

RE:6 Reasons Oroco/OCO is at C$0.40 I don't disagree with your list or think you are being unreasonable. For me, there's a big distinction between why a stock is at a certain price, and if the stock should be at that price. 

For OCO I think $C0.40 is a significant mispricing because 1-3  from your  list are being priced in as 'unknown potentials' when in fact they're 'imminent inevitabilities'. The company has won the legal battle and WILL clear up title, they WILL release a 43-101 and the high-grade copper is there, its just a matter of showing it to the market again in current results. 
4. Shows the impatience of retail investors, people see copper down now and trade concerns and don't want to hold copper stocks, this ignores that what's relevant to OCOs fundamental value is the copper price 5-10 years down the line which is what majors will/should be looking at when replacing their supply, and Mariusz mentioned they have limited options. 
5. This is fair but as these shareholders are replaced by new ones, and expected catalysts emerge I don't see this as a long term issue at all
6. This could also be seen as a postive  for OCOs value - further threatens the supply side of copper and shows the advantage simple/straight-forward deposits  like Santo Tomas over very complex ones. 

The TSX-V is broken and there's no tolerance for speculation anymore, gold is over 1500 but gold juniors are well below '16-17 levels and the index is under 600... This creates mispricing opportunities like OCO, but ultimately fundamental value is always realized. 
Bullboard Posts