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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 > 30 days since permits...
View:
Post by coppermonster on Jul 22, 2021 2:37pm

30 days since permits...

i know, I know, patience...but still, going from "we'll be drilling within days of permit receipt" to a month post permit and no indication of drilling, is a bit annoying. At this rate I don't think we can expect first assays until Q4.
Comment by mrobpor on Jul 22, 2021 3:13pm
I hear you. It would be nice to know what's been done and what's left to do since the picutres released on 7/15 showing drill equipment being airlifted in. Not a matter of patience, but rather simple investor interest :)
Comment by Overertune on Jul 23, 2021 1:25pm
I think the sp will keep dropping until results 3 months later.
Comment by mrobpor on Jul 23, 2021 1:59pm
Maybe. I certainly don't think the market reflects validation of prior results as a foregone conclusion. On the other hand, I do think actual drills in the actual ground is a derisking event, but the longer it takes to happen there are some who will think there must be some problem. Lots could happen in three months - copper could retrace, general market could correct. I'd say just be ...more  
Comment by jwall34 on Jul 23, 2021 2:37pm
I think you'll see a similar pattern as we saw with the permits / 3DIP news runup: A rise in the 4-6 weeks leading up to expected drill results as people pile in to buy the rumour.  Once they come out price action is dependent on the results.  If average I'd expect a small sell-off.  However if Braziles comes back with 1%...
Comment by auricgold on Jul 25, 2021 2:15pm
Hi Copper, they announced permits  shy of one month ago and they did mention that they had to do some infrastructure work, bring water etc. I agree, it is a bit slow, however, it looks like they are working as fast as they can there in Mexico. We probably are 1 to 2 weeks away from an announcement in my view, to be conservative. So we are almost there. Have you talked to  Adam at the ...more  
Comment by Basketfan on Jul 26, 2021 2:37am
I think it will be 4 quarter, but that is currently completely indifferent to me WHEN, the results must fit, confirm or of course be even more than one knows so far .... then the price goes by itself towards 5 dollars Also, most recently the copper pei has made a healthy consolidation , is now rising again . the 2022 becomes more important therefore makes it like Kostolany sleep a round
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