Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by BullStockingtonon Oct 12, 2020 2:48pm
243 Views
Post# 31704661

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This is getting good

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This is getting good
Re Brasiles, I think internally they have at least some assay data from the 3 historic holes, but they can’t disclose it even as historic results,  because of chain of custody rules. 
 
1% doesn’t seem far-fetched at all considering the grade of a couple of historic holes in the area of the north zone closest to the Brasiles exceeded 1% (and that’s just  CU grade, no gold, silver or moly credits included so cu eq would be even higher).  Though even 0.7-0.8% Cu  with some gold would be great too!
 
Much like there was an arbitrage available to investors who realized the market was underpricing OCOs ability to complete the legal work,I believe that even as OCO moves closer to a market valuation indicative of the historic resource, there is still a second arbitrage available to investors willing to speculate on the historic resource being an underestimation of Santo Tomas in terms of both grade and size. 
 
Happy thanksgiving!
<< Previous
Bullboard Posts
Next >>