Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

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 auricgoldon Mar 05, 2020 11:37am

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Post# 30770573

RE:RE:The best interest of the shareholders

Patriot wrote: My sense is that the Corona virus is not impacting the share price as much as people are saying.This thing started the dive before the virus was even around.I personally think it was brought down on low volume to benefit the the option holders not the shareholders and now the share price can't recover.I guess we will see how many insiders and people that were involved in the Altamura transaction take part in the PP as a financing down here benefits them more than shareholders.I am not sure you are to convincing about how much the company cares about shareholders.Just my opinion.

Patriot, you bring some interesting poiints. Insiders care A LOT about the company. I know a few of them. However, the share price being low has to do with a few things:

Lack of mass broker support
Market conditions
Copper prices to SOME extent

We DID go up 10% when the transfer was made for the ownership. Lets cross fingers as the company is closing its financing and can finally get to work on proving the reserves. I hear there are a few things in the works and I think in the next month or so we should climb back up. Markets are a bit irrational these days.

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