RE:RE:RE:RE:RE:RE:$1400 AISC?auburn2,
In your last post, you mentioned copper, and your concern that Goldman was forecast a retreat in copper prices. So it took me a while to show a chart that shows the relationship of copper to gold number 1, and then to Orvana's past trading history. And the results totally blew my mind! Take a look at the following chart of the copper to gold ratio.
Copper had a HUGE buy signal on the weekly coppock indicator, and the ADX buy signal came before that as indicated by the vertical dotted green line. So copper has definitely broken its downtrend against gold, and now it looks like it wants to back test the breakout line.
Meanwhile ORV has put in a low while copper has put in a high--totally counter intuitive, but as you can see from this chart, it has happened before. Orvana lead copper on the way down, and bottomed before copper put in its double bottom. Now ORV will run up ahead of copper, and copper will follow. As far as the price target on this move based on the move in copper, my first target on ORV is 90 cents. If this stock becomes a takeover target I would not worry about volume. GRAB whatever shares you can get at these dirt cheap prices!
