Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 geezer321on Feb 22, 2013 4:32pm
188 Views
Post# 21030895

RE: News on Orvana Minerals

RE: News on Orvana Minerals

"Orvana Minerals shares rally as investors tune in to improving operations"

Glad you emphasized that in bold and blue, so let me incorporate what you said and rephrase what I said:

 

Orvana's share price will climb because the micro fundamentals of Orvana are improving and the macro fundamentals for gold, silver, and copper improving.

 

On a micro level Orvana's is now cash flow positive and its cost and revenue structure is still improving.

https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32211986&l=0&r=0&s=orv&t=list

https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32212049&l=0&r=0&s=orv&t=list

 

On a macro level, there is a world race on for resources as the developing world has now gained the technology and means to compete on a global basis.  For example, China has become Canada's second largest export market for resources and trade between developing countries is booming.  In the race to corral more resources and produce and export more countries are resorting to currency devaluation to compete.  Resources are getting scarcer and the paper money to buy those resources is getting devalued.  We are past peak oil and miners are having to mine lower and lower grades of ore.

 

This is not going to stop until we reach a crisis state and out of necessity the nation state model of carving up the world will have to be abandoned.   

 
Bullboard Posts