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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 jmsims2on Dec 23, 2019 11:27am
108 Views
Post# 30483914

RE:RE:RE:expectations for buyout

RE:RE:RE:expectations for buyoutWe are certainly in an enviable position Bullstockington!

It will be interesting to see how this plays out.  You know majors are all paying attention, but the most interesting thing to me is you have Jinchuan sitting 10ish miles away with a deposit that isn't quite economic in Baharachi (sp?).  So what do they do knowing there is a deposit nearby that would help make that investment payoff?  Do you swoop in and buy quickly before other majors get a chance and/or the price goes up?

2020 is going to be a fun year!
Bullboard Posts