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 > NPV question for Mariusz

<< Previous

Bullboard Posts

Next >>

Comment by auricgoldon Dec 18, 2020 11:35pm

201 Views

Post# 32146272

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

Overtune, we used to talk about 2$ buyout way back. Meanwhile we broke the 2$ barrier this month. I think once drilling starts, we will most likely see the 3$ mark, beyond that we have to see the progress. However, if the resource, grade etc warrants it, we can see 4$ before takout if takout price is 5 to 7$.