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 Apr 05, 2020 6:25pm

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Post# 30881261

RE:RE:RE:RE:RE:RE:RE:RE:Copper UP 2.5%

To your Question auricgold, the current copper price and poor capital markets will cause a delay of the development of new copper production, causing more pronounced copper price spikes in the future. After 2008/2009 copper tripled in price in the 2-3 years following, as the world got back to normal. Copper M&A also spiked.

This time we have the added pressure of the shift to electric cars and renewable energy AS WELL AS the HUGE stimulus packages beiing unleashed governments all over the world.....I expect copper will have a very robust recovery during exactly the 12-36 months Oroco will spend drilling etc. a ST. Expect copper price fireworks starting soon and M&A is sure to follow.

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