RE:RE:RE:RE:RE:RE:RFC Ambrian Report 9th June 2021 - Oroco Resource Corp. As many are aware, a primary reason for the importance of asking "who paid for this RFC Ambrian analysis and report of OCO's potential M&A value?" ... is to get some understanding of who may be reading it, and/or, even acting on it.
Aside from the fact that RFC is an industry analytical outfit, I am ignorant regarding RFC Ambrian and their overall MO and reputation. For example, to whom do they distribute such reports? Maybe, they focus on industry-players and have a list of subscribing industry clients or maybe they distribute to any and all retail investors. One way or the other, I am curious, in general, how RFC reputationally is viewed: fair and favorably or otherwise?
In the meantime, today's price-volume action showed the good price increase associated with a better than average volume: approx 550,000 on the TSXV and 450,000 on the OTC.
Hmmm ... was this somewhat because of this report; and, if yes, was it because of increased retail investment and/or an institutional investor or two dipping their foot in the water? I have no special insider info and therefore I have no firm answer ... but, of course, I am hoping that at least a few institutions are starting to take a more serious notice ... and even actually buying some shares. To all of us, such investment would be a good sign for OCO's future.
PS: I saw Mariusz's video --- thanks to whomever for posting the link --- and I share his general assessment: this report, and the share-price predictions are conservative, and, I would bet that they are very conservative; simply because, at this moment in time --- as we are all aware --- there is way too much technical uncertainty that is yet to be addressed via OCO's "Advanced Exploration Efforts". I wonder whether RFC will do a follow-up analysis ... when the drill-core-ASSAY information becomes to be made available; that is, when much of this uncertainty will begin to be addressed/reduced.