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 > Copper at US$3.49 now

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Comment by AnchorValueon Dec 03, 2020 12:23am

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Post# 32024138

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Copper at US$3.49 now

im alone in my thinking, but given scarcity value and exploration potential, OCO should trade for 100% of NPV.

auricgold wrote: Anchor, takeout at US$8 would mean we have to have at least a value of 3 billion USD and we get bought at 60% NPV. I think thats going to be hard or impossible. I would not be surprised USD 4 or 5 but not 8. this is still very good though.

AnchorValue wrote: our of curiosity, who has the highest take out price target?

My has been $8 USD, but it was anticipating all the good news from 3dip + drilling.