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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 MrMaKunPengon Jul 05, 2022 5:57am
249 Views
Post# 34801013

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What time is the

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What time is the Fully agree that this is very disappointing. the blog of this week perhaps even more so, no news about the halt other than " we are monitoring the situation"  plus 2 bullish links on copper long term.

The article about how mining stocks perform so well after a downturn is ridicoulous to be used by Oroco Management in my opinion and even comes across as desparate. It talks about the general mining sector where the downside we recently faced is a multitude of that. Also oroco's play is not that of an operator but more binary (buy-out y/n)

A question to those with closer contact to management.  How many shares do you need to have for management to actually respond to questions? Reason is that I've e-mailed both ian and Adam now 3 times after the online meeting we had where Adam mentioned the " it will only take a few days" . The only question i've asked them if and how Oroco will update investors on the situation and what they are considering to take as actions if the situation persists.  I did not declare to them how many shares I have as I see that as irrelevant and management shoudl reply in case they give their e-mail address and have an open invitation to take contact.
I guess the answer to the first question is clear: not

Similar to what we see in the blog and on general communication concerning the drilling halt....no response at all which in all honesty disappoints me.

Perhaps someone with better direct access can ask them this question and what their reasons are for not communicating at all about the situation (is it improving, worsening, any timeline received from goverment? is Oroco talking to local government about it? etc). Many thanks in advance.

What alternative motive could there be about not communicating any updates? 

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