Great speculation on OCO.v Oroco
The Oroco Santo Tomas property acquisition is only a speculation at this point although there have been some pretty good connections made that lead me to believe it to be true.
From what i have discovered there has been a legal impasse lasting a decade or more preventing work or transfer of the property, meanwhile copper gold and silver prices have continued to climb.
OCO has been trying to unwravel the layers of legality and i believe are working smarter not harder
Im waiting to hear confirmation that it is in fact the right project and with great interest how exactly they are acquiring the project.
My personal speculation is that those involved know that there is great value here and want to monetize the asset and may finally be working together to settle their differences and put a nice bow on it to sell to a major..
I have taken a sizeable position before any news since i believe if/when it it confirmed the stock will be difficult to buy in any size for prices anywhere near what it has been trading at these last months..
judging by what i have read and heard, few believe it is possible for David to slay this Goliath
If it turns out to be true the new believers will push us to new highs.. the market will be surprised and when it is, large price changes can happen very quickly both up and down.
Valuations for OCO and the project will be easy, looking at past and more recent transactions in this space
xx cents per pound times contained pounds plus credits for gold and silver $$$
Santo Tomas has had decades of work done, it is not only a massive project but it is advanced..(adding to the disbelief that OCO could in fact land such a deal)
imho i believe we could be in a perfect storm for Oroco stock. Copper is in a bull market, demand is high and increasing for years to come. Projects of this scale and advanced development are rare, most have already been bought or are already owned by majors.
I’m hoping the smart money is out of bitcoin and weed and looking for something real to invest in ~copper, OCO and Santo Tomas~
