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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 calicheon Apr 21, 2020 12:05am
260 Views
Post# 30932708

Had a great chat with Adam today

Had a great chat with Adam todayIt seems with the world at standstill Adam is still as busy as ever, there were several calls during our chat but he was able to continue our conversation for which im thankful.

It has been several weeks since I had been in contat and it is comforting to know the OCO wheels are still turning. 

They are chomping at the bit to get started with the IP and drilling..as soon as Mexico opens again for mining we will be in 

I am heartened by Quebec opening again for mining this week and think mexico will see that and follow suit as mining is a very large part of the mexican economy.

The report has been resubmitted to the BCSC and they are awaiting a reply, I am hoping shortly as they will have added however many "historicals" as required (my words not adams)

as for the timing of news and the warrant extension personally i expect they will have lots of news to share by august but the company cant say, as so much depends on the state of the world and all thats going on.

(as we wait for the effects of the trillions in stimulus to kick copper into high gear)

we have traded 2.1 million shares in 30 days at a .22 average it looks like those that wanted out are mostly out.. I will happily buy at .22 thank you very much!

i expect a SP rebound on the BCSC accepting the changes on the report.  From the tone of our conversation i dont think anyone other than retail would have been botherd by the requested changes.. anyone in the business (majors or anyone else kicking our tires) will surely know that the copper is there and its been checked and re checked 3 to 4 times already in the 50 year history of the deposit. 

All in all it was a great conversation, im ok with the way we are trading (building a strong base) and am confident we will be back to .3 shortly, complete tranch 2, get to drilling and IP see results of the IP and some drilling all before those warrants expire!

stay safe, be patient, get rich!


  






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