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.

TSXV:OCO - Post by User

Oroco Resource Corp > $2.05 -Thanks Mr. Market

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Comment by auricgoldon Sep 20, 2021 12:07pm

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Post# 33886709

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

I dont think you understand my point. The point is not to issue NRs, even though they could use a few more. The point is to tell the story to brokers, calling presenting etc. i will rest my case today. Obviously everyone here has drank the cool aid and cannot see objectively. LIQUIDITY is what drives markets the most. Results, sure, off course, you need an underlying base of value, but then, you need to tell the story to as many people as you can. Not talking about NRs here, I am talking about building relationshis with the broker community. I have explained myself enough times. I think its enough.

BullStockington wrote:
Wealth is created at the drillbit not the slide deck. Which isn't to say IR isn't important but IR's job is to generate awareness and understanding so the market pays attention to the company's fundamental value creation, not to generate value itself. Oroco's IR effort has generated sufficient capital markets awareness such that its key catalysts (such as the legal resolution and IP) have been well rewarded. Positive drill results will be no different.

I don't see how increased marketing to typically finickly, impatient, buy the rumour sell the news, retail brokerage investors would be a worthwhile endeavour at this point.

I also don't understand your issue with the level of market communication. They are drilling and of course will publish results when available. They regularly update the public through video presentations and social media and connected with investors at Mines & Money. From my experience they are very available to answer questions or have a chat. Flooding the market with official NRs for insignficant updates (like each time you complete a single hole) tends to come across as promotional and erode your credibility as a serious company focused on advancing a major project.

Ultimately assays and the copper price/macro market environment will drive the stock price in the next few months. No amount of b*tching on Stockhouse will have any bearing on those things.