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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 calicheon Dec 15, 2019 7:39pm
157 Views
Post# 30457607

OCO buyout in 2020

OCO buyout in 2020New post on Pakiya Funds OCO: Copper markets to pick up by paras In 2019, the copper market has been in a doldrum. There was a huge short that led the spot price into mid-$2. Although with the new year and renewed outlook on world wide economy, the copper market is starting another bull run. This looks really promising as there isn't much supply coming into market and demand is robust. RBC recently put out a report on their copper expectations and they are looking at $3 prices in 2020. We believe copper is poised for a rally back to $3.00/lb in 2020 as economic conditions improve (modestly) and we expect limited supply growth before 2021 If we see the $3 prices, Oroco will be looking at really good M&A prices. I expect 2020 to be the year Oroco is sold. So high copper prices will mean really good for the coming competition for acquiring Oroco. paras | December 15, 2019 at 2:30 pm | Categories: Updates | URL: https://wp.me/pp6QQ-qx Comment See all comments Unsubscribe to no longer receive posts from Pakiya Funds. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://pakiyafunds.wordpress.com/2019/12/15/oco-copper-markets-to-pick-up/
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