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.

TSXV:OCO - Post by User

Oroco Resource Corp > Time To Move On

<< Previous

Bullboard Posts

Next >>

Comment by Patrioton Dec 10, 2020 11:53am

220 Views

Post# 32077025

RE:Time To Move On

MariuszSkonieczny wrote:
I think it is time to move on from talking about nonsense and attacking each other and move on to better things. Chuburashkadd posted a comment and everybody jumped on him. I think it may have been a bit too harsh. Yes, he posted insider information which he shouldn't have but he did. Maybe he did it on purpose to drive the stock price down. Maybe he simply didn't know. We don't know but we don't have to jump on him the way it was done.

The bottom line is this. Oroco raised $15.5 million. This pretty much ensures 81 percent ownership in the core concession of Santo Tomas. This is a big deal.

Some people feared that the stock price was going to drop as a result of the PP and initially it did, but now the stock is recovering that some people know that this is fantastic news. The same thing happened the last two private placements.
Says A guy that created the bashing account on the 8th.