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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 Oct 09, 2019 2:56pm
104 Views
Post# 30213377

RE:RE:I am jealous

RE:RE:I am jealousRe: 'The maybe they know something we don't' The fact is the CEO has bought on the open market at prices higher than the current market price and directors participated in the private placement, also at a higher price than current. Both already had very significant ownership positions. If anyone knew something we didn't it would be those guys, and if they knew something negative they'd be unlikely to be buying. 

You say we aren't objective, and while that's true to the extent that no one with a vested position in something could be truly objective in the most literal sense of the word, the information above is factual not opinion. 

Re: The interest not being registered yet and your opinion that the path ahead is longer than we think I'd refer you to Mariusz' site Classicvaluenvestors.com where he covers this extensively.

It wouldn't be speculation and there would be no opportunity here if everything was 110% certain in terms of timeline and the future course,  however given the history of doing what they've set out to do to date in a reasonable timeline (legal victories eliminating opposition, initial technical report, assembling team), the path forward is clear and because of the lack of willingness to speculate in the market right now, the reward/risk relationship currently being offered is unprecedented in my experience as an investor. 
"Be greedy when others are fearful."
Bullboard Posts