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Bullboard - Stock Discussion Forum Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

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... see more

TSXV:OCO - Post Discussion

Oroco Resource Corp > Chart , currently good buying opportunity again
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Post by Basketfan on Oct 23, 2020 11:40am

Chart , currently good buying opportunity again

if you are not there yet, don't wait too long, when the 3D IP is coming soon, the course will start again :-) 

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Comment by AnchorValue on Oct 25, 2020 3:43pm
I've heard 2nd hand that we may get a peek at the 3DIP results this week (2DIP, as it is apparently called). Can anyone confirm?
Comment by auricgold on Oct 26, 2020 3:08pm
Hi Anchor, I would be cautious with second hand info. I mean if you are long term holder, meaning till the buyout, it makes no difference if we wait 2 weeks or 6 weeks. Right now, unless you bought at CAD 1.30, everyone is making money. I have been in this since Sept 2019 and my average is around 40cents I think and I am keeping everything till the buyout. The great news is that copper prices, and ...more  
Comment by EStreet on Oct 25, 2020 5:49pm
"(if you are not there yet, don't wait too long, when the 3D IP is coming soon, the course will start again :-)"  Tend to agree, after a little weakness mid week we started to se some relative good sized (40k,45k)orders coming through again on thur, fri,,.  Really good to see this holding up here in the mid 1.25's,,. Bring on the IP,,,,,,hopefully before the election!!
Comment by Basketfan on Oct 26, 2020 9:24am
I don't care about the choice ... rather 1-2 weeks longer and with good results :-)
Comment by auricgold on Oct 26, 2020 3:13pm
agreed 100%. if you are ready to investo, you invest now or after the 3DIP depending on your holding time frame. If 3DIP comes next week or in 6 weeks, makes no difference. We have to be realistic. Id rather get things done properly and wait till December.
Comment by AnchorValue on Oct 26, 2020 4:23pm
I'm in the for the long haul. that being said, expect a press release this week!
Comment by auricgold on Oct 26, 2020 7:52pm
i dont expect anything that soon. 
Comment by AnchorValue on Oct 26, 2020 8:03pm
shall we wage another round of steaks?!
Comment by EStreet on Oct 26, 2020 9:12pm
Another solid performance today in otherwise very week markets,,. Obviously were dancing to a different drummer then many are however for maximum effect with the 3D IP news it may be better to wait till after the US elections is settled as it continues to suck the oxygen out of the news cycle and could very well lead to some upset market conditions as weve seen today,,. If it were me I would wait ...more  
Comment by AnchorValue on Oct 26, 2020 9:36pm
Preliminary results this week. Final results in December.
Comment by ukermann on Oct 26, 2020 10:20pm
Excuse the pun, but again we find ourselves between a rock and a hard spot. With the election now a week away, and the possible ongoing question about the validity of the result, a sneak peek at a "heat map" showing the preliminary results, might just offer a layer of insurance needed to keep interest up as we ride out the storm. Once the market sees not what we know exists in the North ...more  
Comment by caliche on Oct 26, 2020 10:58pm
agreed! put out some prelim data whenever it comes in to settle nerves over the next weeks not a good idea to try timing news to the market  "just keep working, brick by brick, and the market will respond" R. Whittall, Newstrike   if we expand south north or down dip i will be very happy this will be the first data put out on ST in decades  im hoping it will ...more  
Comment by clavat2224 on Oct 27, 2020 5:32am
Out of curiosity, what happens if a major does not buy out? Does the junior continue to trade on the market and mine the copper on it's own? Or does that kind of thing just not happen in this industry.
Comment by auricgold on Oct 27, 2020 3:32pm
it wont happen. Someone will buy it up eventually. 
Comment by auricgold on Oct 27, 2020 3:26pm
Very well said ukermann. Lets hope some of these undiscovered territories show some good results.
Comment by auricgold on Oct 27, 2020 3:23pm
I love steak so whats the wager!!!
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