Oroco Resource Corp ORRCF

Primary Symbol: V.OCO

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 Sujanstockpickson Feb 22, 2023 3:21pm

132 Views

Post# 35299102

RE:RE:When buyout?

That's my line of thinking as well. More drilling needs to done for a PFS. Big miners won't do a bid without a PFS, especially for a such a large Tier-1 deposit. But a good PEA will re-rate the stock. Also expect a pp to finance Phase II drilling.

<< Previous

Bullboard Posts

Next >>

These cold weather stocks are looking to heat up for winter