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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Oroco Resource Corp. is a Canadian mineral exploration company focused on the assembly of mineral concessions which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico. The Santo Tomas project is a copper porphyry deposit defined by 106 diamond drill and reverse circulation drill holes totaling approximately 30,000 m.


TSXV:OCO - Post by User

Comment by auricgoldon Jun 08, 2020 10:09pm
165 Views
Post# 31127089

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Market today

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Market today

Hi Anchor, i spoke to Adam Smith today of the company and here is what I was able to deduct:

  • Full start of work and 2dip starting end of June by the time we start getting geared up.
  • 2DIP ready at latest end of August, early September, which is a great time for markets to start noticing us.
I am personally OK waiting till then as long as we  start in July. The company has no issue raising capital it seems and I am sure we will have concrete news once the company is ready to announce the closing of phase 2 of the financing. If this is the schedule, i see us at 60 cents by end of September with cash in hand and 3DIP completed. Then its up to drilling. I didnt ask about permits but i will.

Hope this helps.



AnchorValue wrote: I didn't hear it directly, but I think everything will be in place by the end of June, and results will be ready 2 weeks after.



 

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