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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
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Post by NeftyIvanon Jun 12, 2023 7:16am
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Post# 35491109

FWIW ... An example of a Major Player seeking Cu Assets

FWIW ... An example of a Major Player seeking Cu Assets

[https://seekingalpha.com/article/4609968-glencores-bet-on-copper-commodity-for-future]
Glencore's Bet On Copper: A Commodity For The Future

Jun. 07, 2023 7:28 AM ETGlencore plc (GLCNF), GLNCY13 Comments
Manuel Paul Dipold profile picture
Manuel Paul Dipold
1.57K Followers

Summary

  • Glencore is focusing on future metals like copper, nickel, and cobalt, positioning itself for long-term growth.
  • The company has reduced debt and plans to double copper production in the coming years, making it well-positioned to generate cash flows for decades.
  • Glencore stock may be a good long-term buy and hold option, but short-term share price movements are uncertain due to factors like fluctuating coal prices.
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