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 > Didn't know that!

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Comment by auricgoldon Mar 12, 2021 7:39pm

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Post# 32791285

RE:RE:RE:Didn't know that!

Anchore you are forgeting the greed factor of institutions. When copper is above 4$ and this is one of the largest discory on the planet at this time, I think you will be able to thrash institutions all you want in a video, they will buy. The next wave of investors is here already, its the eyeballs and the people who put in the PP, including some institutions.

AnchorValue wrote:
M should have asked for stock instead.

At buyout, his payment from his unexcercised warrants will be taxed as ordinary income instead of capital gains (unless he exercises ... which I doubt he will as it is a semi-large capital base to cover) as a US resident.

I am always rooting for M. But I do hope he has a securities lawyer. If things go sour, none of his videos will play well, the affiliation will appear more suspect, and he would have opened himself up to a bunch of assh*les who will likely sue.

Lastly, I do hope he softens his tone against institutionals in his videos. They ARE the next big investors that will drive the stock higher. Am virtually certain sell-side research for institutions is on the way, and the fragile egos of big institutions will gag at his videos before even giving the investment opportunity a chance. And they will be sharks if things go sour once again.