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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 jwall34on Nov 16, 2021 11:23am
294 Views
Post# 34131961

RE:Pathetic to say the least !!!!

RE:Pathetic to say the least !!!!If Oroco had drill assays back from the lab, they would release them. Oroco cannot control the speed at which an independent assay lab works, and the speed of those assays has nothing to do with Oroco's performance. 

I understand it's frustrating to be "in the dark" but what I care about is that progress is being made on ST every single day in the form of drilling. On the recent mines and money episode Adam said they had completed 9 holes, meaning holes 10 and 11 are in progress.  The only operational benefit to assays coming out is that it may give them a chance to perform another raise at a higher share price and ramp up the drilling program.  

Early investors like myself are used to waiting. Everything from 3DIP results, to drilling permits, to the start of drilling, to the start of Brasiles drilling, has come later than the company originally hoped for.  I think most investors don't realize the magnitude of this projects and just how many different sources delays can originate from.  


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