Bullboard - Stock Discussion Forum Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

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... see more

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Orvana Minerals Corp > Canadian Insiders ORV

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Post by JUANTOTHESTARS2 on Aug 31, 2023 10:19am

Canadian Insiders ORV

Do you find strange that this stock went to 13 cents one time and no insider buys since Mar 2023.

as per canadianinsider website

"Company insiders have the right to buy and sell securities in their own firm so long as they are complying with securities laws and rules. This means, for example, that they cannot trade in their own securities when they are in possession of "material" non-public information, such as a pending take-over bid."

Will not be a takeover but most likely some legal matters are brewing preventing insiders from buying?

JuantotheStars2

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Comment by Larry60 on Aug 31, 2023 11:32am

Got a buy signal notification on this. Thoughts on entry point? Technically looking very strong as it has broken through all the moving averages. But not a ton of volume. Thoughts? Lack of insider buying never a plus, but if management knows something we dont e.g. OSP finaincing iminent, then maybe not a bad thing. If I saw more volume Id be buying this ...more

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Comment by JUANTOTHESTARS2 on Aug 31, 2023 12:16pm

i would buy anything under 18 cents. the CEO did buy in the 40 cent range and below so why he did not buy when 13 cents. some legality preventing him from doing so imho JuantotheStars2

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Comment by Larry60 on Aug 31, 2023 12:34pm

A drop below 18 cents would be technially very weak ie breaking below moving averages. Looking at chart, a breakout could blow us through $0.50. If Im in Im in, not looking to miss the opp for a few pennies. I took a look at insider buyint, seems CEO was a big buyer in 21 and 22 up to 50 cents. Average probably around 40 cents. Doesnt look like hes accomplished much. ...more

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Comment by checkmate28 on Aug 31, 2023 2:27pm

Larry60 CEO Juan Gavidia purchased aver 2 million shares on the open market 2021 /22 all at higher prices, but nothing the last 12 mths. He could be happy with his 2.5M shrs. No PR here I think is the reason for the lack of confidance to buy. No IR person anymore. Great drill results get burried in the quarterlies. Do the DD here and understand the underling catalysts. IMO You ...more

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