Bullboard - Stock Discussion Forum 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... see more

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TSXV:OCO - Post Discussion

Oroco Resource Corp > Time To Move On

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Post by MariuszSkonieczny on Dec 10, 2020 11:46am

Time To Move On

I think it is time to move on from talking about nonsense and attacking each other and move on to better things. Chuburashkadd posted a comment and everybody jumped on him. I think it may have been a bit too harsh. Yes, he posted insider information which he shouldn't have but he did. Maybe he did it on purpose to drive the stock price down. Maybe he simply didn't know. We don't know but we don't have to jump on him the way it was done.

The bottom line is this. Oroco raised $15.5 million. This pretty much ensures 81 percent ownership in the core concession of Santo Tomas. This is a big deal.

Some people feared that the stock price was going to drop as a result of the PP and initially it did, but now the stock is recovering that some people know that this is fantastic news. The same thing happened the last two private placements.

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