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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 11:48am
105 Views
Post# 30484022

RE:RE:RE:RE:RE:expectations for buyout

RE:RE:RE:RE:RE:expectations for buyout
MariuszSkonieczny wrote: I think we should forget Jinchuan. They had an advantage. They knew about Santo Tomas before any other major. They didn't do anything with this information. Consequently, someone will take advantage of them. Whoever the buyer of Santo Tomas is will pay Jinchuan crums for their property to take it off their books.

On the ohter note, I find today's trading very interesting because of the disconnect between the buyers and sellers. The buyers clearly understand what the Friday's press release means. The seller don't have an idea or need the money right away.


I never really considered it that way...another major buying ST and taking Jinchuan's property off their hands.

The price swings have been interesting.  Swings from up 13% to "only" up 5% or so.  I've been trying to pick up shares for the last few days in the US but having trouble hitting the bid even when I put in a limit buy above the ask.

Bullboard Posts