Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Industrial Metals & Minerals

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.

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Oroco Resource Corp

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Comment by MariuszSkoniecznyon Nov 24, 2019 10:49pm

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Post# 30388062

RE:RE:RE:RE:RE:New drill results will make a difference

Good points.

Usually the anticipation of a slowdown is way more than the actual slowdown. Santo Tomas NPV is about $1 billion based on what we know and the current copper price. The market is pricing it for $60 million because it is worried about the slowdown.

After the drilling the NPV will likely be at least double what it is today. So should we worry that the market will price Santa Tomas for less than $60 million?

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