An introduction to Oroco Resource and the Santo Tomas deposit containing 8.5 billion pounds of copper, 1.5 million ounces of gold and 77 million ounces of silver.

Captiva Verde $PWR completes installation of N.B. buildout

Captiva Verde completes installation of N.B. buildout

2020-03-17 20:07 ET – News Release

Mr. Jeffrey Ciachurski reports

CAPTIVA VERDE LAND CORP ANNOUNCES MILESTONE COMPLETION OF SOLARGRAM FARMS NEW BRUNSWICK CANNABIS 5.6 MILLION SQUARE FEET OUTDOOR GROW INFRASTRUCTURE BUILD OUT

Captiva Verde Land Corp.’s 100-per-cent wholly-owned subsidiary, Solargram Farms Corp., a Canadian controlled private corporation, having corporate offices in Moncton, N.B., has now reached a major milestone, having completed final installation of its New Brunswick 5.6-million-square-foot grow infrastructure buildout, located in Renaud Mills, N.B.

Construction project results

Over the last four months though the best winter conditions in the area in over a decade, the extremely dedicated and laser focused Solargram team led by Len Wood, Executive Vice President Captiva Verde and Vice President Solargram Farms, and Marc LeBlanc, President Solargram Farms, have amazingly achieved:

  • Installation of over 8,000 feet of security perimeter fencing over approximately 50 acres,
  • Implementation of one of Canada’s most robust cannabis outdoor grow security infrastructure assets,
  • Purchasing and integrating an approximate 130l and acres package together with an on-site six million gallon water holding pond fed by high-capacity spring wells to self-serve our planned cannabis outdoor grow farm.
  • Purchasing, renovating and repurposing three on-site buildings to talling over36,000 square feet, allowing for vertically integrated seed-to-sale, on-site propagating mothers and clones, de-bucking, milling, drying, and extraction operation capabilities for 2020.
  • Planned year 1, 2020 outdoor cannabis farm producing 10,000 kgs of dried cannabis over 25 acres (1,100,000 square feet) with 65% hoop house crop coverage for maximum crop protection and yield.
  • Construction project fully funded, completed debt-free, ontime, and significantly 65% under original budget.

Len Wood states, “A huge part of this successful buildout phase is attributable to the significant effort of my Solargram partner Marc LeBlanc who tirelessly gave of himself to help ensure the team achieve this important milestone. We also owe a debt of gratitude and a sincere thank you to all of our amazing team members as well as our construction suppliers and contractors who also committed themselves to this jaw dropping project. We have truly created an operation that is built for success based on sound business practices including fiscal responsibility as well as planned positive sustainable operating cash-flows, a real business.”

We wish to thank all of our loyal shareholders that have continued to support our vision while understanding our mission to create a unique Canadian Licenced Producer cannabis market leader that will show and demonstrate the business model required to produce sustainable positive annual cash flow profits, providing enhanced returns for our shareholders.

Health Canada license status

As stated in prior news releases, our Health cannabis license application commenced in January 2019. Since then, we have submitted and successfully passed two request for information submissions with Health Canada. We are video-taping our final site evidence package for Health Canada on March 19th and 20th with planned supporting documentation submission by March 31, 2020 that will complete our final requirement for issuance of our 2020 grow license for our New Brunswick outdoor cannabis farm. We anticipate receiving our Health Canada cannabis grow license before commencement of the 2020 summer outdoor grow season.

Captiva Verde is proud to announce that the company has, now in fact, positioned a world class team of experienced operators and growers with a financially debt-free, developed set of land assets, growing assets, proprietary IP and technological expertise to successfully run and operate significant planned, vertically integrated, cannabis outdoor grow farm land acreages at a planned ultra-low sub $.25 production grow cost per gram. This is a major market disruptor and differentiator for the company as this will allow Captiva Verde to sell its planned high cannabinoid full spectrum cannabis oil products at prices that are significantly below its competitors cost of production as well as below black market pricing. This is a game changer and will allow our company to become a leader in this market.

In fact, Solargram has a five year planned outdoor farm grown production capacity in excess of 130 farm acres at the Renaud Mills New Brunswick outdoor grow site alone representing over 65,000 kg’s of dried cannabis targeted for full spectrum cannabis oil (THC, THCV, CBD, CBG, CBD-THC) concentrate for export as well as for developed in house, best in class unique cannabis and edible products.

Less than 4% of Canada’s current legal cannabis products are derived from outdoor operations. Sun grown outdoor plants have the lowest cost with consistent high yields and potency, providing consumers with an opportunity to choose from a selection of natural and healthier products than what the market currently offers.

The new successful companies like Captiva Verde, can provide both a superior product and a price point, inclusive of taxes, that is well below the black market rates, which the latter currently outperforms the legal market at a rate of more than two to one.

Companies such as Captiva Verde, embrace the experiences of long time growing veterans, scientist and proven business leaders whose collective experience together, puts cannabis where its intention is most valued, to the trusted consumer.

Cannabis is an evolutionary business within a revolutionary change of politics. The torch is being handed back to veteran growers, scientist and proven business leaders who understand the original intent of legalization, which is to have the lowest cost, first in class products available to everyone.

We seek Safe Harbor.

Oroco OCO.v just like everyone else… but not at all.

Today Jan 9, 2020 marks the first day that Oroco is just like everyone else. They have clear title to a deposit that they have been working towards for a decade. Many thought it would never, could never happen. A junior miner with a micro cap value landing a multi billion ton copper deposit with an NPV of 1.66 Billion dollars!

Today is the first day we are not waiting for someone somewhere to make a decision that will significantly affect the outcome of our collective futures. There will be no more talks of judges or registries, or legal strategies. That is how we are now just like everyone else.

We are however, nothing like the literal thousands of other juniors scrambling to find some pasture somewhere to survey and drill with fingers and toes crossed we find a sniff of something.. anything, so that we can hire a pr team and tell everyone in hopes our share price moves on the dial.

Oroco is now undisputed owner of Santo Tomas, a world class copper deposit that was discovered in the late 1960’s. Many of the aforementioned herd of junior miners will tout acquiring an “advanced” project. That usually entails a property someone has cut down a tree or two to build a pad and sink a hole or two. Santo Tomas already has over 100 holes drilled for over 30,000 meters with the historical data to back it up. Previous operators took the deposit to the pre feasibility stage in the early 1990’s with copper gold and silver prices a fraction of what they are now. It was attractive then and is more so now with gold at 1500 copper 2.8 and silver 18 bucks.

Not only does Oroco own the main deposit it has also acquired over 7800 hectares of land in the surrounding area. Total project area is now over 22,000 acres. Management has done its homework and has put together a mouth watering project ready for acquisition. From clearing the title to preserving the data and putting together the surrounding lands, a lot of the work a major looks for has been done.

Oroco is not yet ready for a sale though. From previous work it is quite easy to see the deposit is comparable to an iceberg. Only the top portions have really been looked at. The drill data for many holes ends in mineralization and where this is the case, many of those show increasing grade with depth! There are 3 mythical holes drilled to the North that have become lost to time. It appears a previous operator may have drilled on a property they didn’t have rights to, and from stories I have heard they were very much the stuff of legend.

Of course the deposit is also near infrastructure and the strip is very low as the topography dips at the same rate as the deposit which sits on a ridge. I can hear you thinking c’mon Cal.. this is too good to be true.. That is why up till today this has been what the industry deems a “special situation” a massive deposit taken to pre feas with all the good attributes of ST doesn’t come up too often, and I agree. Things needed to get sorted and they have!

I, and several other astute investors jumped in with both feet 2 years ago willing to wait for stuff to get straightened out and have been pounding the table ever since. Some have listened some have not saying it couldn’t happen.. well my friends as of today it has happened..the question is what will you do?

Will you be like everyone else and not believe or will you look at the facts and realize sometimes unicorns are real!

We think fair value is about 1.56 as it stands right now. The shares are trading at about 50 cents! The game changed today from speculation to bean counters pulling out calculators. The big boys look at numbers and Santo Tomas has some good ones. If they invest X dollars at 1 and its worth 1.5 thats a 50% gain. Simple math.

Likewise majors will look at the data run their models and do projections. all the while Oroco will be running geophysical surveys and drilling to tighten up the current deposit and explore. There is a lot of upside here from where the shares are trading to how many tons infill and exploration will add.

This is truly a once in a lifetime opportunity. Today Oroco went from a special situation to being just like everyone else.. but with a world class deposit under their belt.

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

2020 The Year of Copper and Oroco.

As 2019 began Oroco Resource Corp OCO.v was making progress in its decade long legal battle to acquire the massive Santo Tomas copper deposit in Northern Mexico. Those with the fortitude and ability to speculate on the outcome had already seen returns two to three times their money invested the year before. As the first half of the year progressed the multi faceted multi country legal strategy Oroco had put in place began to pay off. They won control of the Arizona Company that was at the center of the opposition’s legal fight. Soon after they got the ruling everyone was waiting for in Mexico. Legals were done!

As is with most things there is a yin and a yang. As things were going our way on the corporate side the U.S. decided to up its trade war with China. The red metal found some tough months sinking to the 2.50 range. We were not deterred, our thesis was that the copper was there is massive enough quantity and that the spot copper price fundamentals were being masked by political events. Those that had done significant diligence on the project knew that a previous operator had taken Santo Tomas to the pre feasibility stage at $300 gold 1 dollar copper and 5 dollar silver and it was attractive back then so fluctuations on todays prices were not a concern.

The market has largely ignored the progress or has been otherwise skeptical of the ability of a micro cap venture listed company gaining control of a world-class asset like Santo Tomas. Oroco’s management has delivered on everything they have ever promised. It may have taken longer than we first thought but in the end we own the asset and it is undisputable. The Amparo ruling on Mexico has completely nullified anything that had come before so an appeal was never an option. Doubly so, since Oroco now had control of the Arzona Corporation.

There was just one more point the market could claim some doubt “the transfer.” Again, anyone that had done their homework already knew Oroco owned the asset through an option agreement with a Mexican Corp owned 50% by Oroco and 50% by the landowner. The long awaited transfer was simply from one Mexican company owned by us to another company owned by us that had a superior option to acquire the deposit, with a work in clause stating that as money is spent we gain a larger percentage of the overall project. Mind you all this is just focused on the core claims covering about 70% of the deposit. Concurrent with the legals, Oroco management was securing ownership of the surrounding land and as it turns out about 20% of the southern lobe of the deposit.

As of 20, December 2019 Oroco was informed that the main claims at Santo Tomas had been renewed for 50 years. This was the last impediment delaying the transfer. It is thought that transfer will now occur very quickly within the first weeks of 2020.

I have been talking about Oroco for about 28 months, I have already seen a 10 bagger on my first buys. This has always been a no brainer for me. Once I had researched the deposit there was no doubt it would be one of the few, very few, world- class deposits in demand in the coming years. I won’t go into the reasons to buy copper at this point, overwhelming evidence exists for a coming supply shortfall, in which Santo Tomas will be highly sought after.

There have been many, many opportunities to get in to this special situation along the way and I think the little time left before transfer occurs in January will be one of the last. Copper has had a strong rally on easing trade fears, putting a nice tailwind behind Oroco stock.

I have previously stated the shares in the company are tightly held by a handful of large shareholders and management. Good news will easily sent them to new highs in early 2020. We are not traders in this name and have been adding in the last months.

The next steps will be to secure funding to initiate a work program on the property starting with a 3d IP survey to show the world how large the deposit is subsurface followed by infill drilling that will upgrade another billion tons to indicated and with that, increasing grade in already booked pounds. I’m eagerly awaiting some step-outs and exploration drilling North of the known deposit.   Any success there will surely get the attention of the few majors that are not already watching progress at Santo Tomas.

2019 was by in large a housekeeping year for Oroco. They delivered on everything promised and have set themselves up for a blockbuster year in 2020. Opportunities to buy are quickly evaporating and prices paid will only increase as the year progresses.

Many thanks to Oroco Management for their efforts over the last decade that have only just begun to be recognized by the market. The coming year will be transformational, both for the company and my portfolio!

Got copper?

Captiva begins psilocybin mushroom program in Mexico $PWR

Captiva begins psilocybin mushroom program in Mexico

2019-11-18 17:00 ET – News Release

Mr. Jeffrey Ciachurski reports

CAPTIVA VERDE COMMENCES PSILOCYBIN MUSHROOM FACILITIES IN MEXICO

Captiva Verde Land Corp. has commenced the execution of a pharmaceutical-grade psilocybin mushroom growing, packaging, sales and distribution program in Mexico under its pharmaceutical licence that includes over 300 types of narcotics and psychoactive medicines under groups I, II, and III of the World Health Organization guidelines.

Microdosing of psilocybin is known to reduce stress, anxiety and pain without any of the side effects associated with traditional pharmacology products that have been prescribed for the same issues.

The company will post updates in due course.


Mining brokerage Haywood initiates coverage of Oroco!

Haywood Initiates Oroco Coverage

Haywood, one of the most respected brokerage houses for juniors, just initiated coverage for Oroco in the Haywood Junior Exploration Report.

Here it the link to the report. Oroco is on page 22.

This is a big deal. For the last two years, Caliche and I were the only ones writing about Oroco. Recently, Ceasar’s Report wrote about Oroco. But Haywood, this is a different game.

We are entering a stage where Oroco will be talked about in circles of with big money. Smart retail found the opportunity. Now, smart institutions will start entering it.

Disclosure: Long Oroco

Game changing news for Captiva PWR.v

Coquitlam, British Columbia–(Newsfile Corp. – October 2, 2019) – Captiva Verde Land Corp. (CSE: PWR) (the “Company” or “Captiva”), is pleased to announce that further to its news release of January 10, 2019, Captiva has executed and completed a share exchange agreement with Salud Esmeralda de Mexico SA de CV (“Esmeralda”) for the exchange of all of the shares of Esmeralda for Eighty (80) Million common shares of Captiva. The shares are subject to a pooling agreement for one year.

Esmeralda and its team and advisors have over 200 years of experience in high level executive positions in Mexico, including energy, health, natural resources, government, business and the military.

Prior to this announcement, Esmeralda and its principals acquired from another Mexican corporation, a comprehensive pharmaceutical license to sell, market and distribute the entire suite of pharmaceutical, health, wellness and veterinarian products which include all psychoactive and non-psychoactive drugs listed under Groups I, II & III. These include a suite of over 300 medicines.

Captiva’s sole mission is to provide all of Mexico with the highest quality medical products, including Cannabis products, that are sourced from the best suppliers that have the highest proven efficacy all at the lowest possible prices to the Mexican consumer. In addition, Captiva Verde will ensure that all Cannabis products and other medical products meet the tough standards of the Mexican Heath authorities.

Captiva management will dedicate the next several months to informing the Cannabis market and the general financial markets of the significance of this game changing license to import, wholesale and distribute.

On Behalf of the Board of Directors

“Jeff Ciachurski”

Jeffrey Ciachurski
Chief Executive Officer and Director

Cell: (949) 903-5906
E-mail: westernwind@shaw.ca

Captiva completes acquisition

CAPTIVA VERDE COMPLETES ACQUISITION OF OVER 5 MILLION SQUARE
FEET OF HAND CRAFTED OUTDOOR ORGANIC HIGH POTENCY CANNABIS
PRODUCTION CAPACITY AND 30,000 SQUARE FEET OF BUILDINGS FOR
PROCESSING FACILITIES IN NEW BRUNSWICK, CANADA
Captiva Verde Land Corp. (the “Company”) (CSE: PWR), is pleased to announce that Captiva
Verde has completed the acquisition of over 5 Million square feet of hand crafted outdoor organic
high potency cannabis production capacity and 30,000 square feet of buildings to commence
infrastructure buildout for Solargram Farm’s Health Canada site evidence package as final steps to
obtain outdoor organic grow licenses.
Solargram Farms, a wholly owned subsidiary of Captiva Verde, will become Canada’s largest
outdoor organic cannabis growing operation, having in excess of 5 million square feet of outdoor
production capability at 100 percent yield.
The outdoor production site and buildings is now owned 100% by Captiva Verde and is debt-free.
The acquisition is a testament to the skillful New Brunswick executive team of Len Wood and
Marc LeBlanc whom made an extremely rare find. Included in the site is an onsite man made 6
million gallon fresh water pond with surplus water fed by two high capacity spring fed wells to
easily satisfy the water demands of such a high yielding and expansive growing operation.
Similar facilities of this size are costing anywhere from $6 Million to $10 Million to build and our
team has acquired this for less than 10 cents on the dollar.
This Infrastructure project has commenced with expectations of a 2020 first year cannabis harvest
comprised of outdoor organically grown production. We are excited to provide the market place
with organic oil products that is destined for unique, selected and branded boutique product
offerings slated to come to market in 2020 and we are negotiating supply agreements both
domestically and internationally to ensure our high valued products are available in the markets
where we choose to operate in.
We owe everything to our valued shareholders and to our dedicated team who have the passion,
desire, and determination to build Solargram into a formidable player in the cannabis marketplace,
and as a strong division of the Captiva Verde success story.

PWR Captiva Verde’s Mexican licence is expected any time now.. this is a big hurdle and it should be reflected in PWR’s stock price once we have the licence!

 

Mexico ‘ready’ to legalise cannabis next month

Mexico’s government this week set the wheels in motion for full legalisation of recreational marijuana.

Following a nationwide consultation last month in a series of public meetings, Mexico’s lawmakers agreed to honour the pledge to discuss the prospect of making cannabis legal.

The move came following a Supreme Court ruling last year that declared ‘prohibiting personal use of cannabis is unconstitutional’.

The ruling set in motion moves towards legislation that would allow the Latin American giant to relax current laws around marijuana.

A series of countrywide hearings ran on August 12, 14 and 16 allowing the public to have their say on various elements of law reform surrounding a host of topics from full legalisation of recreational cannabis to medical marijuana.

The results of those consultations – hailed as ‘overwhelmingly in favour of legalisation’ – are now in front of government ministers who are expected to ‘enact the will of the people’.

According to the leader of the Upper House’s Morena Party – Ricardo Monreal Avila – the Senate’s committees are reviewing 13 proposals on how to make legalisation work.

Speed and enthusiasm

The speed and enthusiasm for ushering through legislation to legalise cannabis in Mexico is, according to US-based Mexican political expert Jonathon Winterburn, “absolutely remarkable”.

“Look, make no bones about it, this is almost done and dusted as far as the ruling parties are concerned,” he told The Leaf Desk.

“This is no longer a case of ‘if’ Mexico will legalise cannabis, but more a question of ‘when’ it will legalise it.

“And the answer to that seems to already be coming the Senado de Mexico where the Morena Party is basically saying legislation could be drawn up before the end of October.

“That being the case it would be safe to assume this will pass as a bill in central government law in the first half of 2020.

“It is highly likely now that Mexico will become the next country in the world to legalise cannabis.”

Next steps

The next steps, according to a former director of the United States Office of National Drug Control Policy, will be to focus on regulation.

Gil Kerlikowske attended a summit at the Senate last week to debate legalisation and regulation – something he insisted would be paramount to the success of legislation.

Highlighting the need to protect young people from the risks of marijuana through strict control, he said: “We have to make sure that young people don’t use and are not exposed to this product.”

The former US Customs and Border Protection commissioner for ex-president Barack Obama, urged the Mexican authorities to ensure revenue raised from the taxation of cannabis was ploughed into drug rehabilitation, education programmes, and also methods of combatting any backlash from the drugs cartels.

“If you want a controlled environment for marijuana, you have to do everything possible to eliminate the black market,” he concluded.

The Leaf Desk will deliver updates from the Mexican Senate as soon as they become available

  • RSS caliche’s RSS Feed

  • oroco
  • April 2024
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  
  • Stockhouse Feed

  • %d bloggers like this: