Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

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

Oroco Resource Corp

Bullboard Posts

Comment by BullStockingtonon Aug 30, 2019 11:29am

77 Views

Post# 30083347

RE:RE:RE:RE:20 Years Ago

Reason it is relevant is trade-war/trade-uncertainty impacts the global economic growth outlook and drives recession fears. Spot price of copper is strongly correlated to people's economic growth perceptions (i.e. Dr. Copper). As a result Copper price has tanked recently which has put pressure on OCOs stock price. As Mariusz says this is just noise because the long term supply-demand fundamentals for copper remain very favourable.

To your point, both sides are obviously quite dependent on one another so no deal would be a huge lose-lose, everything now is just posturing and at a certain point rationality will prevail i.m.o

Bullboard Posts

Two micro-cap stocks with strong fundamentals