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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 BullStockingtonon May 06, 2021 3:54pm
206 Views
Post# 33145423

RE:RE:RE:RE:Cinco De Mayo Sellathon?

RE:RE:RE:RE:Cinco De Mayo Sellathon?

I'd agree but I'd also suggest the catalysts coming in the next few weeks are probably baked in to the stock price to an extent and anticipation of them coming likely contributed to our recent rise along with the surging cu price.

Just to say that we might not see another big immediate stock price boost on the next set of IP results and permits.  


The actual start of drilling should bring some more interest and anticipation should continue to build over the next couple months until we results start coming in. 


And then fast forward to initial assays in a few months...
If they show Brasiles is close to as good as rumoured and confirm it has the potential to be a substantial high grade starter zone bringing dramatic upside to project IRR, NPV and payback period, we should start closing the valuation gap to our Ecuadorian cousin Solaris, when/if drilling indicates the tonnage and particularly grade of the historic resource was just scratching the surface of ST. 

Sit back with an ice cold cerveza and enjoy the ride, it should be a fun summer! 

 

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