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Oroco Resource Has Lots of Copper in MexicoBob Moriarty The United States is leading the world into a massive debt trap. The Japanese bond market has exploded with yields soaring as has done the German bond market. The US is not far behind. Trump ran on a platform of lower government spending yet the opposite is true. For those who don’t get it, the $37 trillion worth of funded debt of the country is on the path to perdition. Bad things come this way soon. Saylor just blew up the crypto space with his leveraged bet on BTC that detonated when BTC dropped below $111,000. Look out below. The world wakes up to the fraud that is behind the “Green Energy” new deal. Electric vehicles pollute more than do internal combustion vehicles due to the increased weight, wearing tires and brakes out faster. Wind turbines never pay back the cost of building them and erecting them. And what is never mentioned is the fact that you literally have to have a backup power system. Spain and Portugal discovered that to their horror four months ago. The cost of green power is twice what we were told alongside the increase in pollution and cost. But we still need a lot more copper just to support our economy. What is termed Artificial Intelligence could dramatically increase the demand for power. If you need more power, you need more copper. Copper is in shortage today. It’s going to get worse in the future. A couple of weeks ago the management team of a company I worked with years ago contacted me and wanted to advertise. The company is named Oroco Resource Corporation (OCO-V ORRCF-OTCQB). They own about 86% of an advanced stage copper project named Santo Tomas in Northern Mexico, more specifically straddling the border between Sinaloa and Chihuahua with a 43-101 resource of over 7.6 billion pounds of copper. If this was a gold project the word Sinaloa would be a giant negative, Sinaloa being the drug capital of Mexico. But nobody hijacks truckloads of copper so the size and location are an advantage, not a disadvantage. Mexico supports large mining projects that create jobs and pay taxes. Right now, the company is focused on getting organized for an upcoming PFS aiming for completion by the end of 2026. They will shortly announce a small ($2 million) financing bringing in a group of strategic investors. Their concentration is moving the PFS forward and they are lining up all the pieces now. Canaccord will probably be doing a first stage financing probably to be announced in September followed by hopefully a larger financing later. The first phase is to allow an infill drill program. The total of the money they need to raise for the PFS is in the $25-$30 million area. The second tranche of the financing is planned for some time in the first two months of 2026. Shortly an important Mexican national who is also a director of a major gold company with a mine in Mexico will probably join the Board of Directors. The $3.5 billion market cap gold company is looking to diversify into copper. Whittle Consulting from Australia works on a Strategic Options Study with results to finish by October. The study focuses on an economic optimization of the Santo Tomas copper project. In addition, the company will be doing exploratory drilling at a similar project at Vianilla located about fifteen km to the southwest of Santo Tomas which appears to share similar characteristics as Santo Tomas. Currently Oroco has a market cap of about $66 million. The price of the shares has been rangebound for months based on little activity worth talking about. But with copper prices today at $4.40 the copper in the ground has a theoretical value of over $30 billion. At 1% of metal in the ground, Oroco would be worth north of $250 million given their 86% interest. That seems absurdly cheap to me. The US and indeed the entire world is on the verge of a debt collapse. Soon there will be a historic rush into real assets. Gold at $3500 is a barometer. I look for all metals to go far higher. Soon. Oroco Resource is an advertiser. I will be participating in the upcoming Canaccord private placement. Of course, that makes me biased so do your own due diligence. Oroco Resource Corp ### Bob Moriarty |