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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 > Pretty good start
View:
Post by EStreet on Jun 14, 2021 9:38am

Pretty good start

Some eagerbyyers right out of the gate this A.M., with 86K in the first few mins.
$3.55
+$0.15
+4.41%
$3.54
[3]
$3.57
[4]
86.6k
$3.55
[$3.50]
Comment by Boodoka on Jun 14, 2021 12:58pm
Yeah it surprized me, was a nice way to start the week!
Comment by EStreet on Jun 14, 2021 1:14pm
Thought something might be going on for a minute or two,,,,,however seems to have normalized since,,. Its a simple matter of no one wants to let there shares go just a head of permits and drill program anouncements,,. If you want to buy you need to step right up,,.  Someone was selling last week for under $3.00, be kicking themselves in another week or two if they are not allready,,!!
Comment by AnchorValue on Jun 16, 2021 1:13pm
hey guys! so I have heard that drills are going to start last week of this month - assuming everything stays on schedule. does anyone have any idea of how quickly after the start of drilling we can begin to see piecemeal results? Has Adam given any guidance here? I assume not.
Comment by pullsea on Jun 16, 2021 2:16pm
Nice optimistic thought, but perhaps we should hear the news about getting the permits first :-)
Comment by zins on Jun 16, 2021 11:26pm
More detailed information should be coming on the 3dip shortly (the news release said 2 weeks) THAT should be a fun read. Permits this week next week a month, don't really care. I'd like more hard data :) 
Comment by SprengoM on Jun 17, 2021 6:34am
For those interested and wanting to guess how long before all permits are received, see "mining license process map" in following link: https://transparency.org.au/wp-content/uploads/2020/03/Mexico_V1_Feb2020.pdf Nonetheless, it's very administrative and the timelines should be taken with a grain of salt. So until the day the permits are received, I'd say drilling will ...more  
Comment by BullStockington on Jun 17, 2021 1:27pm
Probably hard to give clear guidance with many factors both outside and within their control - ground condition/drilling speed, where they're shipping core to, lab speed (they tend to be backed up/slow with high commodity prices and lots of drilling going on), if they drill a very deep hole they could potentially release partial results while the rest of the hole is still being drilled/assayed ...more  
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