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Bullboard - Stock Discussion Forum Bocana Resources Corp. V.BOCA

Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. Bocana, through its wholly owned subsidiary, Huiracocha International Service SRL, holds a 100% working interest in the mineral properties known as the Escala area concessions ("Escala") located at the Department of Potosi, Sud Lipez Province, Bolivia as... see more

TSXV:BOCA - Post Discussion

Bocana Resources Corp. > Crazy oversold ! 5 holes,including the best 2, yet to come !
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Post by Dollars4Pennies on Jan 13, 2024 6:48pm

Crazy oversold ! 5 holes,including the best 2, yet to come !

At the current level this stock will be a multibagger if they hit anything decent.

There are still five holes of results to be released including the two best holes (#3 and #4.) BOCA.v drilled seven holes in total and have already stated that holes #3 and #4 look the best. Holes #3 & #4 are mineralized from surface to total depth. Here's a quote from BOCA's CEO Tim Turner in a November 8th, 2023 podcast in regards to holes #3 and #4 -> "We were down 450 metres & we could have kept going. We were still seeing mineralization." ... "We're looking at a massive bulk tonnage project."

Hole #3 from their December 5, 2023 news release -> HRC2303 tested to a total depth of 452.1 meters with 430.1 meters, or 95% of it, was submitted for analysis.

The hole was extended an additional 152 metres due to increasing mineral concentrations with depth. The hole tested the north-west of the central core of the chargeability anomaly. Several intrusive phases were encountered, most of which were mineralized again by pyrite and arsenopyrite-pyrite phases as well as chalcopyrite, galena and sphalerite.

Hole #4 from their December 5, 2023 news release -> HRC2304 was drilled to a depth of 313.4 meters with 312.75 meters, or 99.8% of it, was submitted for analysis.

The hole intercepted several intrusive phases and intrusion breccia, as well as a significant increase in hydrothermal breccias. H2304 hosted at least 4 phases of mineralization with base metal mineralization occurring in the apparently youngest, hydrothermal breccias. Similar to HRC2303, most of the rock types encountered were mineralized with pyrite and arsenopyrite mineralization as disseminations and fracture fillings.

Comment by Dollars4Pennies on Jan 14, 2024 2:00am
The $0.02 asks will be gone in every on Monday morning.  Anything decent from the last five holes and these shares will be well within the $$$.
Comment by Dollars4Pennies on Jan 14, 2024 9:22pm
The weakest hands will end up being the sellers at $0.02 and $0.025.
Comment by Dollars4Pennies on Jan 15, 2024 10:41am
The smart money is buying the shares from the weakest hands this morning at $0.02 and $0.025 Holes #3 and #4 could be monsters. Very little downside risk at this level.
Comment by Dollars4Pennies on Jan 15, 2024 11:07am
Firming up here now. The weakest hands will soon be left behind.
Comment by Dollars4Pennies on Jan 15, 2024 3:41pm
Today has been a good day for clearing out the $0.02 sellers. No shortage of buyers.
Comment by Dollars4Pennies on Jan 17, 2024 10:04pm
Each day gets us closer to assays.
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