Textbook Breakout Oroco Resource OCO.v

Word of Oroco’s Santo Tomas copper deposit is getting around. The shares are getting traction and have risen significantly over the last 2 weeks. Just before the Christmas break Oroco announced renewal of 2 of its mineral claims in northern Mexico were completed. This event was the last hurdle towards transfer of the land package from one wholly owned subsidiary to another giving Oroco an advantageous earn in option at Santo Tomas. Completion of the registration is expected very shortly after the registry opens next week. Once registration is complete the oppotrunity to buy shares will get more expensive fairly quickly.

OCO chart indicates bullish trend by looking at when the indicators start to crossover. The widening of the lines suggests that the trend’s strength is increasing

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  • January 2020
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