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.

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Oroco Resource Corp > IP Bonus,,!!

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Comment by auricgoldon Jan 28, 2021 6:47pm

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Post# 32415629

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

I have updated by takeover price to CAD 5 by end of 2022 or mid 2023.

Pepelepieux wrote:
This couldn't have been better news. We have the South Zone still open everywhere, the North Zone same, it extends under the river and links to the Braziles Zone and who knows how far that's going to go. OCO's 3D IP program didn't even reach the 3 holes that were historically drilled within Brazilles, let alone beyond!

While other deposits measure distance by the meters and sometimes hundreds of meters, this one measures the relevant zone by kilometers! There are now more and more unmistakable signs that Santo Thomas is likely to be an absolute monster of a deposit.

What does the market do with this information? Shrug. Some people are happy to have made a about a dollar worth of profit, happy to leave the other $19 behind!

This reminds me when the legal issues were finally completely resolved and the stock...did NOTHING! It took a while before people looked at how big the historical deposit was and how low the market cap was for the stock to absolutely skyrocket! Crazy! Then COVID hit and the stock went down to BELOW when the there was still a question about who owned Santo Thomas! So yeah, I'm used to this stock being crazily underpriced. The best way to deal with it is what Mariusz tells me all the time: "Just sit on your a$$ and think of...doing NOTHING!"