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 thereaderon Mar 31, 2020 11:58am

104 Views

Post# 30864381

RE:PI Financial Micro Trades

Good question LandyJ. I've wondered about the same thing..

Looked it up, and .....It seems trading in odd lots is PI's role and responsibility (probably dating from their role as sponsor of IPO of Oroco back in 2008) as the designated Odd Lot Dealer whose role it is to provide liquidity for odd lot orders(less than 500 shares, I think). They're required to provide liquidity for odd lots at the posted bid or ask. And, re the question of whether these trades signal anything......Odd Lot Dealers do not have any proprietary pre-trade information or access to information regarding trade order entry of other participants.

https://www.tsx.com/trading/tsx-venture-exchange/order-types-and-features/odd-lot-dealer-program

Another question I have when I seen these trades is, with no past consolidation of its shares that might have created odd numbered holdings, how is it that people have or are trading these unusual numbers?

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