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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 peegoon Dec 14, 2012 1:17am
228 Views
Post# 20728799

RE: hahah good call tonig -

RE: hahah good call tonig -

Here's another good article on the current ugly bear mkt in the PM miners.

https://www.gotgoldreport.com/2012/12/bear-market-for-juniors-now-at-22-months-reversal-near.html

If you look at the 2nd CDNX chart you see the massive rally it went from below 800 in the 2008 crash up to 2450 in around mar/apr 2011. During that time, ORV and most of the miners had a massive rally, we went from around 60cents up to $3.97 (if i remember).

The current bear mkt is 22 months long, and hopefully we're nearing the end of this cyclical bear so we can continue with teh secular bull! Perhaps 2013 will be the breakout year for gold/silver/and the shares! Silver has been in consolidation since last apr (?) and gold's been consolidating since last Aug. Maybe early 2013 will mark the turning point. =)

Bullboard Posts