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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 auricgoldon Nov 25, 2020 2:50pm
151 Views
Post# 31971650

RE:What if

RE:What ifmomo, the best part is that we dont need to have as many shares, since the warrants also capitalize the company. I am sure they will have no issue raising the capital as the progress comes. I had figured our 220 million S/O but you may be correct with the 200 million. Either way, we can see at least in my opinion a 4$ price in the next 24 months.

momo14 wrote:
Oroco find a fund for the $30 million. Let say at $1.50 thats 20 million shares in strong hands. Then we can drill a lot and wait for the buyout with only 200 million shares O/S $10 per share not imposible


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