Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Copper

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

Orvana Minerals Corp

Bullboard Posts

Post by geezer321on Apr 05, 2013 2:32pm

181 Views

Post# 21217299

Macro Events Impact Orvana

Over the last two weeks we have seen short term macro events impact Orvana's share price:

When the Cyprus event occured Orvana's share price rose

When news was released indicating a draw down on ETF paper gold Orvana's share price dropped.

When negative news on U.S. jobs came out gold prices rebounded and Orvana's share price is up as of this writing.

With long term marcro events giving elevated gold prices, even if off from all time highs, Orvana has profited and its share price increased as quarterly reports came out.

Bullboard Posts

3 Mid-Sized Stocks to Consider This Season