Orvana Minerals Corp T.ORV

Orvana Confirms New Mineralized Structure in El Valle

[Jumpenin]

https://ceo.ca/@newswire/orvana-confirms-new-mineralized-structure-in-el-valle

Good news with Gold up!

Jumpenin

[xyz_trader1]

Area E2 has a mineral resource estimate of 140,000 tones, with 3.84 g/t Au and 0.34 %Cu, of inferred material. The resource is estimated using a gold equivalent cut off grade of 2.52 g/t, gold price of US$ 1,700 per ounce, copper price of US$ 3.25 per pound and a silver price of US$ 20 per ounce. It is noted that mineral resources that are not mineral reserves do not

[xyz_trader1]

drill hole calculator

[goldbool]

Great news!  Why is ORV soooooooooooooooooooooooooooo cheap?   Multi million ounce gold company and producing!!!!!!!!!!!!    Would think it would be tradinng over $2/share?? If Gold goes to $4,000, thould be an easy $20 a share. What am I missing????????????????????????????

[xyz_trader1]

imho all they need to do is reduce their AISC and produce 100k ounces of Gold or more and no doubt in my mind these two things will propel the stock to dollar range in a hurry since 60K shares are only out there. xyz

[jrj90620]

I think you meant 60 million shares out there.

[xyz_trader1]

oops yes my bad 60 million shares since the bulk of the shares are privately held 

[goldbool]

I think if a few of us each buy 50k in the market, it will pop over $0.50 and then likely start a run if the news continues.  When is new PEA on Taugus expected?  Any day?

[xyz_trader1]

year end financials mid Dec 2021. PEA for Taguas in Argentina first Q1 of 2022. xyz

[goldbool]

NRs and presentation say Q1 FISCAL 2022.  We are now 1/2 through FISCAL Q1.   Anyone speak to the company?

[Tudmania]

Gold is a rockin!!!!!!!!!  $1900+ on Monday?????  could happen in a heartbeat. Shoud we buy some more TUD????? What am I missing? Seems so Tudilicious???

[checkmate28]

Goodboo  Your not missing anything.  Be right and sit tight. Thats the Moto over here.  ORV shines value on nearly any indicator. 

[ganndolph1]

My number is 581,975 metric tons grading 5.56 g/t gold, 6.0 g/t silver, and 0.37 percent Copper, so that is 193,995 ounces of gold,  112,282 ounces of silver, and 4.7 million pounds of copper. My model is based on a conservative assumption of 50 meters of vertical continuity on the north south cross section depicted in Figure 3 of Orvana's news release. The wider cross section depicted