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.

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Oroco Resource Corp > New Presentation 9.12.2021 with Adam Smith

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Comment by FrozenInOntarioon Dec 15, 2021 1:56pm

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Post# 34233756

RE:RE:RE:RE:New Presentation 9.12.2021 with Adam Smith

Better raise when you can than when you need the money. Drilling is expensive and they need to push it as fast as possible. And having cash on the balance sheet will strenghten their negociation position with any suitor. No idea what is the size of what they qualify as a small raise however.

The Oracle will maybe get his flock to invest on this ? His tone, while positive seems a bit less enthusiastic than before. Can't help noticing that he got finders fees on last private placement for Voxtur. Wonder if this is why he was pushing it on Market Huddle ?

GLTA

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