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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 Cupofjavaon Dec 14, 2020 9:05am
141 Views
Post# 32098367

RE:OROCO WARNING VALUATION ENTER STRATOSFIER

RE:OROCO WARNING VALUATION ENTER STRATOSFIERThe author is looking at Oroco in a Ben Graham 'cigar butt' fashion.  Meaning doing a math calculation on what is 'known' and ignoring any potential.  I don't mean this in the strict sense of 'only a few puffs left'.  I also use the term 'known' in a very strict sense meaning that he is ignoring very strong indications that there is a lot more there.  His method would re-evaluate once more is confirmed.  The problem with that is that there will be a higher stock price with that certainty, just as there was a much higher stock price once the legal issues were resolved.

Us bulls are looking at it in a Phil Fisher manner, predicting future upside based upon the very strong clues (North zone could go deeper, 3D IP combined with old drilling showing there could be lots in the South zone, plus potential huge upside in the Brasiles zone).
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