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 > Chart , currently good buying opportunity again

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Comment by auricgoldon Oct 26, 2020 3:08pm

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Post# 31782733

RE:RE:Chart , currently good buying opportunity again

Hi Anchor, I would be cautious with second hand info. I mean if you are long term holder, meaning till the buyout, it makes no difference if we wait 2 weeks or 6 weeks. Right now, unless you bought at CAD 1.30, everyone is making money. I have been in this since Sept 2019 and my average is around 40cents I think and I am keeping everything till the buyout. The great news is that copper prices, and the economic recovery, are all moving in the right direction ahead of us. I would count on 3DIP to be released around early December 2020, and the drilling permits to be issued in late Q1 2021. If you have this timeframe, you have not much to worry about.