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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 jaybsinon Dec 08, 2020 9:50pm
135 Views
Post# 32064588

RE:RE:RE:$15M Raise @ $1.20 Closing Today?? Is it true??

RE:RE:RE:$15M Raise @ $1.20 Closing Today?? Is it true?? Wait, what is this true? Are you saying there is a rumour that I might get some cheaper shares?  And they are getting money? Double bonus!  

Where did you hear such a rumour?  The only rumour I heard lately was that the commng IP was going to be great and cooper is going to $10K.  Damn always the mushroom.

In all seriousness its hard to bring rumours to a board when have no rep and no activity on social media.  It maybe true, and I am sure we will all be watching now and thank you for the heads up.  But if you invested in this, you should understand; This is probably not going to double in a month right now.  This deserves to pull back to 1.80ish, I believe we were hopping for 1.60 by xmas.  They have not pushed any targets yet (COVID excepted).  Although not ideal, it was expected at some point in the future.  If you want to make money and your really worried about the short term (which is all wrong here). I would sell only a percentage to lower your risk, and pick up more when it pulls back to averge down your cost base.  It sucks to come late to the party in a run.  I had a good friend ask if he should get in when it started to run @ 1.50 and I told him hell no! Hold for the pullback its too easy to get burnt.  

or maybe you know excatly what your doing and you want to fear monger to get in like so many on these boards when the going gets too good.  Either way the news stock/news will tell the story. best of luck.

j



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