Oroco Resource Corp V.OCO

Loser thinks he's a hero

[twaver]

Let's just say some random loser hears something about stock X through some fortuitous connection (maybe his ex-wife's cousin, who happens to also be his brother, knows someone who works for the company, or one of the companies helping with the private placement).  He gets a lightbulb moment at two a.m. (between his sixth and seventh Hamms beers). He goes to Stockhouse, sets up an account, and posts the news.  His dream is that people will start following him because he "knows stuff."  He wants to be the next great oracle of stock X.  So he starts posting predictions about price movement (even though he doesn't know $h1t about the stock).  A few people believe him and maybe he gets lucky on his second prediction.  More people are drawn in.  They start to hang on his every word (even if it isn't spelled correctly).  Then his third bold prediction blows up.  People start doubting him and posting negative things about him - calling him out as a trailer trash moron.  I've seen this play too many times.  My advice is to just ignore these morons ab initio.  Saves you the drama and disappointment.

[Chuburashka]

Look at the chat history.  I've provided facts.  All you've done is attack me.  GFY  (good for you) angry and probably short man.

[Schr8r154]

Can you just reel it in and be a little bit more stable? The BC (Before Chubu) times were far more enjoyable and informative. Congrats on somehow being tipped to the PP. Nobody really cares you were right and you crapping your pants the other day is looking equally insignificant.

[Chuburashka]

You are right.  I'll chill out.

[bearbike137]

I am surprised that all the shareholders that feel that Oroco is massively undervalued at the current price are happy about the PP. You are happy that the company raised funds at a level you feel is massively undervalued? Think about that - and consider what the company may be communicating about the current price. Yes, I know, they needed to raise the funds to own 81%, etc - however, why do it

[twaver]

I'm sure we all would have been happier if they pulled off the PP at $1.80.  But the stock had already come a long way in a short time when they pulled the trigger.  And, of course, we are happy that one more variable has been removed going forward.

[Chuburashka]

You are a sensible reasonble calm person.  Good point.

[Chuburashka]

what's your excuse going to be while your incurring 35% drop in retail so "insiders" can spoil themselves for holidays. dont be agry at me for being more informed than you.

[pullsea]

welcome to Stockhouse. I see today is your 3rd day of being a Member. I note with interest (and curiosity) that you have been prolific in postings on OCO and GDNP boards. Just an observation. Good postings.

[Chuburashka]

Are you a message board cop?  

[Pepelepieux]

You make a logical argument.  However, while most people do think the stock is still undervalued, they have already made so much unrealized gain that one thing that keeps them awake at night is that the stock price gets hit in the short run (COVID, drop in copper price, etc.) that would prevent the company from raising the big amount of money they still need to complete the drilling. 

[Chuburashka]

I totally respect and understand your point.  However, I don't believe in unrealized gains.  :)  Reality is in my opinion that we'll see a significan downward pressure from sellers over the next two weeks.  I'm predicting it'll be insiders taking profits for xmas. To me... the retail investors between 1.20 and 2.10 will be taking the hit.  I stand by my

[clavat2224]

Forgive me if I'm not understanding correctly as I'm new to this, but they would be taking a hit in the form of an unrealized loss if there is downward pressure on the price, correct? And like you said, its unrealized? If you're holding from a buyout perspective, would it matter? The PP would effect the gains on the tail end, and it's not like the PP was incredibly dilutive. 

[Chuburashka]

Your not wrong if your holding out for an unknown future.  My personal view is simple that because of the terms of pp the combination of the price difference between retail and 1.20, the warrants, and the dilution coupled with what I predict will be "insider" selling for christmas money.  It makes no sense to buy this stock until it close to proving reserves. So in the interim

[aYozzz]

Think we found the person that's short 120k shares, and didnt cover like the other guy before the recent spike up. Have fun paying the borrowing fees, and for your sake I hope it does fall, but I doubt that's gonna happen. I'd cover before 3DIP. GLTA

[clavat2224]

Does it matter if there is no retail market for the next 4 months? Maybe I'm wrong to presume, but I would think that people buying this stock are in it for the long haul. In which case, if the stock does drop, it shouldn't affect anyone's investment thesis. If anything, it's just more opportunity to buy at a cheaper price.

[Chuburashka]

What about the people who bought if over the last 3-4 weeks that didn't know about the quietly raised 15m at half the price of the retail value.

[Schr8r154]

Will you just shut up already? You claimed you bought 50K the other day, and now you are claiming that the stock has no legs for the next year? Pick a side you buffoon.  Also your christmas thesis is a real gem. Sounds like the entire stock market will crash over the next few weeks so Joey can buy his daughter a new barbie house.  My God you are insufferable. Some of the others in here

[clavat2224]

I can understand if people are buying for the short term and trying to flip for a quick profit. But this is not the type of stock to be doing that with. If someone bought it, it should be because they believe in the long term buy out price. If they thought they were going to buy in at $1.80 and then sell it at $2.20, why were they buying the stock in the first place? If they buy in at $1.80 and it

[Chuburashka]

what if you bought at .80 for example... didn't know about the "secret" deal  and planned to take some profit at 2.10 to buy your wife something nice? All of a sudden....  profit gone... long lonely hold until new shareholders holds come off....less expensive present perhaps? Now do you get it. 

[clavat2224]

No, not really. Selling a thousand shares to purchase something nice for christmas seems short sighted as that is a thousand shares at $4+ worth of gain I'm missing out on at buyout. I suppose I can see your POV though in that specific scenario, but I can't relate. Just buy a less expensive gift and make it up with the buy out gains.

[Chuburashka]

I really like you.  :)  I was being facetious.  How about you were going to buy her a new audi?  Now she has to roll in a toyota.  None of it your fault.  

[aYozzz]

If you're questioning mgmt's good faith you dont have much to stand on. Mgmt earlier this year didnt exercise all options from 2017/2018 that expired in 2020 @ .075ea. Instead they were rolled forward @ .75 each.

[Chuburashka]

Let's put the shoe on the other foot.  Please lay out reasons why you think someone should pay 1.88 retail for this stock today.   4-6 months inactivity?  Potential for insiders to be sellng in the immediate future?  Unproven promises?  By the time there is value the hold will be off this raise... additional pressure. I see no future here for retail investors

[BullStockington]

"Please lay out reasons why you think someone should pay 1.88 retail for this stock today. ...I see no future here for retail investors."- Guy who supposedly bought at $1.90 a week ago.  Next 4-6 Months: Copper bull market exposure IP results North Zone IP results Brasiles  Full 3D-IP results and interpretation Reception of drill permits and annoucement of drilling plans

[caliche]

"I see no future here for retail investors.  best of luck." yet you bought nearly $100k worth and are "happy to hold" dont look but your alterior motives are showing lolololol

[MariuszSkonieczny]

"I stand by my prediction that we'll see it under 1.50 probably lower before xmas break." Anything is possible. Let's see what happens.

[twaver]

Chubber, I'm not going to predict which way the stock will go over the next two weeks (a fool's errand).  But I will say that your logic is a little hair-brained.  If these insiders are selling substantial enough amounts to raise money for Christmas, all I can say is damn, I want to be on their lists!  The average American spends $300 on Christmas.  Unless these guys

[joelondon]

So, If I'm not mistaken, the reason you sold is solely because of the PP. Let's put the legality of that action aside.  That would mean you were ok to invest in this company for the resource, the location, the pending results, and the buyout. Otherwise, why else were you invested at all?  None of those has changed. Why did you buy Oroco?

[Chuburashka]

Value and profit.  Nowhere did i agree to have management kick my margin in the nuts... while at the same time handing out half priced shares, with warrants behind my back the mature on or near future results.  I wasn't offered 1.20 shares  were you? If you can't process that I can't make my case to you.  I'm sorry.

[joelondon]

I think your case lacks real basis, you are quoting incorrect numbers that you seem to be saying out of anger or emotion rather than clear rational thought.  1.20 shares were available on the open market for quite a while - you could have picked some up.  Maybe investing in junior mining companies is not for you. It's not nice to see people so upset. There are so many companies to

[Chuburashka]

I'll only ever respond rudely to people who are attacking me.  You sound like a decent person. I am upset... I think it is completely wrong that company can undermine the retail investors equity and are expected to believe its for our long term benefit. Look at the numbers.  look at the timing.  look at the result the current retail shareholders are to live with - today

[joelondon]

Well, I understand your perspective. But I hold a different opinion, as it seems do most others here who are holding shares and hence frequent this board. If you no longer hold any interest in Oroco, I am puzzled by your wish to stay and scrap it out.  Selling your shares on insider news is naughty - and I think you understand it throws question over the entire rest of your argument about

[Chuburashka]

Firstly,  I've done nothing wrong or illegal.  Second, it sickens me to hear and see dishonest and illogical promotion on here that has no bearing in reality.  The only benefit i can guess would be that it is serving to further inflate and distort the reality of potenitail value.  Third, I've only kept returning because some members want to be combative, insulting, and

[joelondon]

insider dealing   noun noun: insider trading the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

[Chuburashka]

Like  $15.5M worth?

[joelondon]

So, after admitting to illegal trading, you come back BECAUSE people want to be combative, and insulting. You like it here. That's just weird. You continue to misquote numbers and contradict yourself. It is quite apparent the the dishonest, illogical promotion with no bearing in reality is squarely in your court. You could probably be studied.

[Chuburashka]

Joey.  Call the Police!  Ya. Maybe a bit weird but I do like it here.  I've decided to stay.   In the meantime please dont choke on reality. There's nothing wrong with my logic.  Trust me. I strongly suspect you distaste of my points are founded in your hopes of baseless inflation of the stock between now and results.  How'se my logic now? 

[Patriot]

You have to stay you have to many warrants to walk away

[Patriot]

You would know .You were the one that recieved them.Then you spread negative remarks to bring it down to screw unsuspecting investors =Scumbag.I see you are posting under your pumping name now.

[pullsea]

patriot, I am now inclined to think you are on to something. I got a snorty/caustic remarks from this poster when I made a simple and benign observation that he became a Stockhouse member only 3 days ago and has been a prolific poster. I meant no harm.

[Chuburashka]

You sound like an actual child.

[LandyJ]

bohemian62 - is that you? You claim to no longer havie an interest in this stock, but you hang around self-proclaiming your superior intellect because you think you were smart enough to make some move before others. I'm confident enough in my opinion here that if we just bend the knee and proclaim you the Master Investor, will you go away? All Hail Chubby!  Now.. go away.

[AnchorValue]

damn, may have to disinvite myself from the steak dinner if this is the company i'd be keeping!

[Chuburashka]

Honest Company?  

[auricgold]

Anchor, you are one of the originals here so dont go. I simply ignored this guy, I cant even see his posts anymore. I tihnk others should do the same and we can get back to planning steak dinners and looking at charts and resource estimates!! Stick around, it looks like we will do several steak dinners. Vancouver, Toronto, Chicago so far.  M lives around Chicago so in his honour i am

[Chuburashka]

if you look at my posts.  not once am a rude to anyone who isn't rude to me first.  Also,  you'll see in time everything i've said is true.

[AnchorValue]

Chub it seems like you are trying to catch a 30-40% return by riding the trend - you may be right that there will be dip. But for those of us that have been buying since the stock was at 17cents (me), we are not afraid of any upcoming volatility, as we are playing for serious gains.

[twaver]

So now Chubby wants a free steak? I don't think so.

[auricgold]

I cant see his posts since he is on my ignore list but in order to get a free steak, I demand PROOF OF OWNERSHIP till buyout time.

[Patriot]

You knew the exact price of the PP before it was announced and then used it to your Benefit.I have a couple of calls to make today to see how legit that really is .

[Chuburashka]

Why dont you call you MOM.

[Chuburashka]

If you keep making noise I'm pretty sure the SEC's attention will follow.   Secret 2 for 1 half price deals!  They love that.

[Chuburashka]

I love it here.  I plan to stick around for 6 months at least.

[MikPrecious]

I totally agree chubby not worth you buying cheap shares as you will always get burned.  You play with matches too much and have become fully exposed.  It's time not to waste your time considering you sold.  Remember the sale of these pp were for longterm holders so it shows you didn't deserve it.  

[Chuburashka]

Thanks Mik.  I'm not wrong.  

[Chuburashka]

Never Forget Mik.  Mexico stabbed Canada in the back with Nafta negotiations as well.  I'm seeing a pattern here.

[Patriot]

They didn't  you were in the know and now you are trying to convince people The company did you wrong.Under your other posting name you pump the stock and and then when the news is about to come out you bash it.That to me is a scumbag.

[Chuburashka]

I have no other account.  chill out.

[Patriot]

Your pumping account begins with M and it's not Micprecious  .It should start with S for SCUMBAG  

[auricgold]

pepe, Amen to that. well said. Are you in for steak dinner if we clear the 5$ takeover mark? 

[Chuburashka]

:)  Yup.

[twaver]

You have no history, Chubby One.  I was actually somewhat pissed when I saw your initial post - not because of the amount of the raise or the price, but because I didn't think they needed to give out a full warrant.  The fact that it was actually a half warrant saves us several million shares of dilution.  So I am actually quite happy that you had the details of the PP wrong

[bearbike137]

Sorry you are getting beat up for sharing truth about Oroco. Unfortunately, people are irrationally in love with this stock. I like and own Oroco, but investing with the consensus - particularly an emotional consensus such as Oroco enjoys - is a losing strategy. This may work out just fine - or copper price could drop - or the next round of 3D-IP could disappoint - or corruption - or fraud - or

[Chuburashka]

Appreciated.  I'm experience and informed and I venting.  Exhausted from being flat out lied to, sold out, and then screwed. I'm ok now.  lol.   Let's watch and see what happens over next two weeks.  Xmas money for insiders sell off...  Maybe the other fellas that are so upset at me for speaking out will trust more when they see it.  

[jaybsin]

From what I saw, you came on the board nervous about this PP.  Everyone quickly responded to reassure you that this was a good thing, and providing you history of past PP and reasoning.  The only aggressive person here has been you who I see instigating it.  Thanks for the heads up for on the PP and Bears are always welcome if you provide meaninful analyis with your theory's

[Patriot]

Make no mistake ,Chubaruska I suspect is very close to management of this company  but I don't think management Knows what he is doing.He Knew the price of the PP 2 days ahead of time and and setup a new account then started to post the negative scenarios to trigger a sell off and pick up the shares he scared people out of. He is a scumbag and posts on this board under another name . One

[Chuburashka]

none of that is true.  i don't own any anymore and wont.  I came here to warn unsuspecting retail buyers of the reality of what's going on.  thats all.  I dont have any other name and dont need to use message boards to assist my strategies. I'm very sure management knows what i'm posting.  I'm very sure they know none of it is untrue.  None of it.

[clavat2224]

Unfortunately (or fortunately?) I don't think you'll find "unsuspecting retail buyers" on this forum.

[Patriot]

I suspect you own a lot more but are greedy enough to use scare tactics to get more even if you have cheap ones you haven't exercised yet.

[Chuburashka]

honestly... not a share.  not a warrant.  I'm not tying my money up here for 6 months only to have the new investors flood the market on drilling results?  That's how it typically works my friend.

[Patriot]

What would you know about Honesty?  You knew what the price of the PP was .How would you know that.? Tsx  might be curious about that and weather you participated in any PP or are the holder of any warrants .Especially in the last few days.

[Chuburashka]

why do you keep attacking me.  you should stay on your knees where you belong.  YOUR Welcome.

[Patriot]

Because scum like you deserves to to be exposed . Did you take a trip to Mexico lately?

[Chuburashka]

This post has been removed in accordance with Community Policy

[Chuburashka]

Why dont you explain the value an investor might get by investing now?  Where's the value and roi over the next 4-6 months?  Are you upset that its harder to promote your 4-6 month oroco stock "ponzi" plan...  Are you upset that it's harder to dube innocent people while you dump your shares for xmas?  Just asking genius?

[Patriot]

What would you know about Honesty?  You knew what the price of the PP was .How would you know that.? Tsx  might be curious about that and weather you participated in any PP or are the holder of any warrants .Especially in the last few days. Am I hovering over the Target Chubby?

[Popeye82]

This post has been removed in accordance with Community Policy