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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 pepelepieuxxon Jan 05, 2021 10:02am
265 Views
Post# 32222937

RE:RE:RE:RE:NPV proxy

RE:RE:RE:RE:NPV proxyAt the end of the day, the only thing OCO has to do to double in stock price is execute - complete 3D IP, receive permits, drill, analyze content, turn historical and new drill data into 43-101 compliant standard.  The price doubles from here if they just turn the historical data into 43-101.  However, we have already seen enough hints with the 3D IP that the resource will be expanded; if that happens in high grade content, the potential could be multiple times today's stock price, with a pretty high floor in terms of downside risk.  The price of copper is the big variable in all of this, but even that has a more upside projectory than downside.
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