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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 geezer321on Apr 16, 2013 11:50am
109 Views
Post# 21259102

HSBC Reasons For Drop in Gold Price

HSBC Reasons For Drop in Gold Price

Now that the dust has settled and people have had a chance to figuire out why the price of gold fell over the two previous trading dates, the main stream media is reporting that fear of weaker European countries - Greece, Italy, Spain, Portugal - would have a forces sell off of gold just like Cyprus triggered the sell off.

None of the other reasons given invalidate the fundemental reasons for gold continuing to be a safe haven and today we see gold is starting to recover.  Report have been coming in of people in India and China taking advantage of this drop in price to buy.  Also, today we see good volume buying shares in Orvana.

Here is a Marketwatch article on HSBC reasons for the drop in gold price.

https://blogs.marketwatch.com/thetell/2013/04/16/6-reasons-for-golds-massive-selloff-hsbc/

Bullboard Posts