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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
Comment by bobvee15on Jun 09, 2012 10:22am
193 Views
Post# 19995886

RE: RE: newbie you are a goof

RE: RE: newbie you are a goof

I hate to say but I think newbie could be right here at least in the very short term and what would worry me is the recent low trading volume.

Yes, the company does have a strong positive catalyst this month in the ramp up of oxide production at EVBC but it also has some  automatic selling pressure from an  index deletion (the amount of shares impacted  I don't know) over the next 2 weeks and hopefully you remember the strong upside impact of the stock when it was added to an index last year.

As it was a gift to a seller last year it could very well be a gift for an interested  buyer of the stock.

 

 

 

 

Bullboard Posts