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 > Santo Tomas Cash Flow Analysis Part 2 - Watch and think

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Comment by Basketfanon Dec 18, 2021 4:21am

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Post# 34242966

RE:RE:RE:Santo Tomas Cash Flow Analysis Part 2 - Watch and think

I believe - and also hope - that no merger will take over Oroco in 2022.

The goal now is to drill 12-18 months and hopefully define Santo Tomas even bigger than it already is.

The larger Santo Tomas becomes, the higher the takeover price , but also the safer for the merger.

I rather expect the year 2024, but with a target of 6 - ??? Dollar 8 , 10 , 12 , 15 , 20 ... no idea that depends on various factors.

For me now already worth 5-6 dollars

then one must see how much one still drills.

Big factor remains the price of copper!!!

Consider and also look at the price in the 70s / 80s / 90s , where you already started the first historic drilling and now the current copper price and then still the prospects for the copper price the next 2 years !!!!

Then take the calculation table of Mariusz and adjust the numbers to ....and then look what can arise.

here still two pictures: