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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 Gummbahon Nov 17, 2021 2:32am
248 Views
Post# 34134866

RE:1st & last purchase

RE:1st & last purchaseHi Steve,
I started buying at 0,30 CAD last year, took place in two private placements and did my last purchases a few months ago at 2,21 and 2,49 CAD. So yeah, still buying though my position is already significant. I even exercised part of my warrants without selling a single share just to provide the company with extra money. I hope to see some assays this year but with the long Christmas Holiday in Mexico I would also not be surprised if it will be next year January. Hopefully some serious (institutional) investors will buy in after assays as I think there are too many retail investors in Oroco right now. This is causing the continuous selling pressure imo.

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