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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 Feb 04, 2020 4:23pm
86 Views
Post# 30642200

UK moves up date for move to copper intensive transportation

UK moves up date for move to copper intensive transportation
https://www.google.com/amp/s/www.bbc.co.uk/news/amp/science-environment-51366123 I think Mariusz is on to something. Tesla's success is the success of copper, and the success of copper is the success of Oroco. Electrified transportation will soak up huge amounts of copper. And any increase in the rate of growth of copper consumption at a time of falling discoveries and declining production from aging mines, is going to - at least - put a floor under copper prices, but more likely move the price upwards. TSLA shares taking off in price is fine, and signals actual and expected growth in copper intensive transportation, but perhaps more significant is the banning of gas and diesel cars by Germany, France, Norway and others, and the moving closer of the date of the phase out of ICE cars. Confidence in the shift to electrified transportation is increasing, as evidenced by the UK moving the date forward by 5 years.
Bullboard Posts