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

Bullboard Posts

Comment by jmsims2on Apr 28, 2020 12:00pm

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Post# 30962200

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCX Issues Its View on Copper

Here is from their website. All prices in Hong Kong dollars, which at the exchange rate puts them at under a billion USD market cap. So if we are wanting to get half a billion or a billion for ST, Jinchuan would be paying their entire market cap for it. Of course, if they are backed by the Chinese government, market cap probably doesn't matter that much. In other words, on their own, I'm not sure they are a buyer, but with a partner (a mining partner or a government partner) then maybe.

https://www.jinchuan-intl.com/en/investor_relations/stock-information.php

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