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 > NPV question for Mariusz

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Comment by SteveC2020on Dec 18, 2020 7:26pm

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Post# 32145727

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NPV question for Mariusz

I'm new to the board and a new investor as of early November. Bought more this week as I strongly feel the long term risk/reward of this stock is very favorable even at $1.39 USD (current closing price). The biggest short/medium term risk seems to just be normal profit taking from shareholders who likely acquired at much, much lower prices. $8-10 USD takeout price is very possible with success in the Braisilles zone, as long as copper prices and the overall markets hold up. With ongoing copper supply deficits, additional covid stimulus, and the world's main central banks greasing the skids, I like our chances here.

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