RE:RE:PriceNergy,
To the contrary, I am more bullish on Orvana Minerals (ORVMF) than ever.
In the past week, Orvana outperformed the other 88 junior gold, siver, and copper stocks that I follow on a weekly basis. Why? Because it is the most undervalued gold copper producer in terms of valuation based on market capitalization divided by gold equivalent ounce production.
Orvana is a tightly held stock that normally trades on very thin volume. So last week, the stock traded at 21 cents USD on volume of 1100 shares on 6/21. Then this week, somebody decided to buy 424,600 shares on 6/28/22. That large buy pushed the price up to 31 cents. Orvana Minerals stock closed the week at 27 cents, for a gain of 28.5 percent in a week where the GDXJ junior gold stock index declined by 7.1 percent!
So what does that tell you??? Orvana Minerals will lead the GDXJ higher once the investor sentiment in the gold stocks flips from bearish to bullish!
ganndolph