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 Jun 22, 2020 4:21pm

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Post# 31178199

RE:RE:RE:RE:RE:38 cent wall is down

warrants in the money is very good as now we can be capitalized even more by 50% without the same doillution. If anything the next financing now will be 50cents most likely after they did tranche 2. They have to do tranche 2 at 30 cents because it was pre announced. works both ways. I think it will show confidence and next financing more people will jump onboard and not hesitate.

AnchorValue wrote: wonder if the 2nd tranche is still going to have the same terms at the 1st tranche.

1st tranche was 30c with 42c warrant.

Market is going to be very confused if they price a PP where the warrants are already in the money.

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