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 > no 3dIP results = Bad news?

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Comment by auricgoldon Dec 16, 2020 7:00pm

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Post# 32124775

RE:RE:RE:RE:RE:RE:no 3dIP results = Bad news?

We also know coppoer prices are north of US$ 3.50 / lb now so that is a plus even if all we have is the historical resource.

check out Video 4 and it explains it all with just existing valuation.

https://classicvalueinvestors.com/2020/06/20/oroco-resources-6-part-video-series/

EStreet wrote: Depends on your interpretation,,. ``Downside`` is the previous resource, ``Upside`` is the previous resource plus what ever else they prove up,,. We know what the previous resource is, its not like a its gone away or like a new program where you hope its there,,. Its there, what we dont know is what else is there,,!!

Schr8r154 wrote: All upside, no downside seems a bit heavy of a take. Exciting work ahead but certainly not risk free by any means, and a major reason why I see a fair bit of upside from the drilling program.

EStreet wrote: Looks like a couple of nervous shorts covering,,.

I agree we might have been getting a bit ahead of are selves however I wouldnt under estimate the upcoming news cycle, this isnt going to be a normal drilling program in the sense that they allready know whats down there,. All upside,,,,,,,, no downside,,!!