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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 EStreeton Jan 28, 2021 10:18am
191 Views
Post# 32408641

RE:RE:RE:IP Bonus,,!!

RE:RE:RE:IP Bonus,,!!Ya, good points however they pretty much could have sold last week for the same price,,. So they wait, the news is excellent and they still sell,,.
also
The share price never really moved, nor the volume back on Nov 5 with the preliminary 3dip,,.

I still thinck we see this move into new highs on this data, its very significant, $2.25 and hold in the coming weeks,,. 
The Geo's need to measure the significance of this report,,!!

auricgold wrote: EStreet, well said. I think the people selling today are the ones who have been holding in $1 or lower and just got their 100% return. Lots of traders in this market these days. There are few people who will hold a stock for years to reap the rewards. The good news is now the cost average of most shareholders, except some of us who have a much lower average, has gone up. When someone buys at $1.90 its definitely to hold for 3$ for example. This is a good cycle change. I think it will take a couple of weeks for some people to digest the info in the news. 

EStreet wrote:
Today's report opens up so many new possibilities, especially the extension for 800 meters into the Brasiles Zone as far as those historical drill holes and still open, that alone could be a future mine in itself,. The report couldn't have been better if you manufactured the details,,. 
 
Just looking at today's volume,,,,,,CAD the 2nd highest in the last 90 days with 1.1 million shares and in USD the highest in the last 90 days,. 

With the shares today trading in a similar range as recent weeks it befuddles me to understand who was selling today,,. 




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