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 > This is getting good

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Comment by aYozzzon Oct 12, 2020 2:59pm

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Post# 31704685

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

Couldn't agree more. I think 3DIP will blow the top off this property, and is going to bring this from page 17 news to page 1. The full story wont be unraveled until drills turn, but I believe that current projected tonnage is no near close to what 3DIP is going to suggest which is why my buyout price is significantly higher than what others are suggesting.

BullStockington wrote:
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!