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.

TSXV:OCO - Post by User

Oroco Resource Corp > When buyout?

<< Previous

Bullboard Posts

Next >>

Comment by LongTViewon Feb 02, 2023 12:21pm

358 Views

Post# 35262552

RE:RE:RE:RE:RE:When buyout?

Yes - PEA is the start of hte sales process - then between 6 and 18 months a deal should close. Regarding s buyout on a PEA, it depends on the quality of the PEA. Buyers will build their own financial models, however the focus will be on the geology. I expect since the geology is attractive as this is a near surface deposit, it will be considered favorble geology.

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals