RE:Odds That 3DIP Results Delay Is Bad News?Ponch, I know one thing, unless you see a news release, do not beleive anything that is not already publicly announced. Adam can have his opinion, but he is not the geologist working on the site in Mexico. So if you really want to know, you will have to talk to their geologist, or wait for written confirmation in the news.
I see alot of speculation on the 3DIP here. I was expecting news based on my discussions as well, but still nothing. I also hear from other sources that news will not come till end of March when the ENTiRE land is surveyed. In any case, if news does not comes right away, this does not mean that there is bad news coming. So sit back and enjoy and wait. News can come any day, or not until March.
Ponch73 wrote: For those of you who know Oroco management relatively well, how would you assess the odds that Oroco is slow-rollling the release of 3DIP results from the North Zone because they contain bad news -- like, for example, less mineralization than expected, mineralization inconsistent with drill holes, or greater difficulty extracting the resource due to location or depth, etc.?
I know OCO management is generally regarded to be forthright, and Adam already seemingly implied that the North Zone 3DIP findings would be similar to those of the South Zone, but I'm trying to consider all of the possible explanations for the delay.
Disclosure: Long ORRCF (I'm not an opportunistic short seller or financially aligned with one)