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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 Dec 09, 2021 6:13pm
279 Views
Post# 34216498

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very near futur

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very near futurI think it's disappointing but not surprising. I think a lot of early shareholders had their finger over the sell button waiting for drill results, expecting there would be a flood of buyers. Volume today mostly supports this. I don't think that will happen absent a surprise in Brasiles. 

Drill results were essentially exactly what they were expected to be, and matched what the historical results said. There wasn't much high grade extension at depth, however because of mine economics high grade material at depth doesn't add much to NPV.

I think the pent up anticipation of results has created a lot of noise and anxiety around assays. I also think these 3 particular holes didn't hit anything surprising, and further holes have a chance of seeing "hot spots" that will be more exciting.

either way, the train is moving! 2022 should be exciting  
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