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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a Canada-based multi-mine gold-copper-silver company. The Company is involved in the evaluation, development and mining of base metal deposits. The Company owns and operates El Valle Mine and Carles Mine, which is situated in Asturias, Northern Spain (collectively El Valle) and is managed by its wholly owned subsidiary, Orovalle Minerals S.L. (Orovalle). In addition to El Valle, it owns certain mineral rights located in the region of Asturias. It also owns the Don Mario Operations (Don Mario) in San Jose de Chiquitos, Southeastern Bolivia and is managed by its wholly owned subsidiary, Empresa Minera Paititi S.A. (EMIPA). It consists of around 10 contiguous mineral concessions covering approximately 53,325 hectares (ha). Through its subsidiary Orvana Argentina S.A., the Company holds its 100 % owned Taguas Property, which is situated in the Province of San Juan, Argentina, and consists of approximately 15 mining concessions covering approximately 3,273.87 ha.


TSX:ORV - Post by User

Post by NostradamusIIon May 18, 2021 4:38pm
211 Views
Post# 33224091

We are finally moving

We are finally movingtowards the 0.4 CAD resistance level. Volume is picking up and looks like new buyers are coming in. With further support from rising POG/POC we are going to break it this time and by doing so we will have started a new journey towards the old ATH with first stop at 0.8 CAD base camp. After a short rest we will get some new energy from increased Orovalle cash-flow and further drill results and move to second base at the 1.2 CAD area. After that we will turn on the OSP oxygen and start some serious climbing with Taguas pushing us the final cents towards the old peak at 3.97 CAD.

Good update in the new company presentation with lots of triggers going forward and a firm milestone plan and we managed to pass the Q2 report with no negative surprises and  with confirmations that Orovalle is continuing expansion of resource and mine life, EMIPA is getting real with metallurgical testing ongoing and decision to move ahead with the OSP around the corner and Taguas drilling in full progress which could really add to the potential.

Extremely undervalued gold producer that has required some patience, but we will catch up sooner or later.

See you at the top!

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