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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 thereaderon Oct 30, 2019 1:33pm
153 Views
Post# 30287559

Morgan Stanley on copper

Morgan Stanley on copperMorgan Stanley on copper......."Copper prices supported by supply disruption and economy stimulus globally, despite weak downstream demand. Global copper concentrate production declined 2% YoY due to multiple disruptions globally. This together with the stimulus measures, both in China and outside, could support a copper price recovery heading into 4Q19..."

We're past the stage of recognition of weaker copper demand and into the phase when governments and central banks enact measures that will stimulalte demand, which means the next phase (which we may already be entering, even if recognition of it will be some months away) is back to stronger copper demand from economic growth.
Bullboard Posts