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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 auricgoldon Sep 17, 2021 12:22am
162 Views
Post# 33876032

RE:RE:RE:RE:RE:$2.05 -Thanks Mr. Market

RE:RE:RE:RE:RE:$2.05 -Thanks Mr. MarketSchr, I agree with you on the lack of liquidity, which I pointed a few times to the company corporate finance head. I was given rows of heavy volume history but this was either MCE or others when there was excitement. The lack of broadbased, note the word BROADBASED, awareness with institutional brokers and retail brokers in Canada for example, makes this stock extremely sensitive to variations of mood and buy/sell fluctuation. Wether it is MCE or not, its irrelevant. The point is, the company should have at least 3 brokers covering the company by now, with a 400 million + market cap. Its a great investment, however, as you rightfully pointed out, too much affected by sells as the base retail brokers are completely absent in this one. Hoping this changes, however, at the end of the day, if they prove the reserves and get taken out at CA$8 or more in the next 24 months, I would be very happy.

Schr8r154 wrote: This is one of the side effects of being in a stock that is so sensitive to volumes. MS running a site where everyone moves at his every word leaves the rest of us who are focused long term on Oroco to be at the whim of his MCE website followers who move to reallocate capital whenever Mariusz says jump. Not saying it's right or wrong but it's our reality. Good news is that today's dip has no bearing on the actual project at hand for OCO. Just another day for us. Grab some cheap if you can. I reloaded last time it hit $2.00 so I am out of shillings at the moment. Looking forward to assay results.


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