Not much has been happening with Oroco for a long time. Although recently in their SEDAR filings they disclosed the company will end up owning 81% of Santo Tomas and surrounding properties. This is a huge huge news for a company this size. Oroco has a market cap of $20M CAD. The ST valuation is $194M (8B lbs x 3 cents per RBC Capital research report x 81%) to $450M (at 7 cents). Plus there is huge upside from additional drilling and the surrounding properties.
The management of the company has been super quiet and not released any interviews or details about the ST asset. Although an interview w/ the CEO was recently published. This is the first time management has discussed the ST acquisition. As the legals on the ST registration is completed, I would expect management to get lot more comfortable to publicly share information on it.