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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 AnchorValueon Jan 12, 2021 8:29pm
230 Views
Post# 32282112

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very quiet

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very quietI agree. Methinks that if not fully explored, we sell for over 100% of NPV.

If we are fully explored, I can't think of an reason why given the scarcity value + jurisdiction that we don't sell for 100% of NPV.

I got into the stock as a spec sit investor ore-legal resolution. So I'm really struggling why it is the norm that we sell below 100% of NPV -- given that environment and regulation are not a concern here.
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