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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.


TSX:ORV - Post by User

Bullboard Posts
Post by griffen1on Mar 23, 2009 1:48pm
368 Views
Post# 15863545

When it moves....not if

When it moves....not ifThis company is a fair bet..  The stock will rise sooner or later this year.  So until it does just accumulate in the $0.60 range.

But when it starts moving it will likely be very fast. 

Some one is still unloading, but it will end eventually.  Future earnings are questionalble until they announce the UMZ.  And the cash they have is not doing anything until they make some plans or deals that show investors a good story.  In the end they may just have to buy back some of their undervalued stock if it doesn't rise.

With 65% of the float in Glencore and Sprott's hands you can expect some pressure from them if the markets rise and Orvana stagnates.

Orvana is still a strong buy.
Bullboard Posts