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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 ganndolphon Aug 09, 2019 7:42pm
326 Views
Post# 30013433

RE:RE:RE:Value

RE:RE:RE:Value Ytinasni,

Please allow me to clue you in on what I see is going on in this stock.

Last quarter, they put lipstick on the pig to prepare it for sale by reporting a profit for the first time in YEARS.

This quarter, they conveniently reported a loss because they didn't want the price to get ahead of itself.

And then next quarter, they will report blow out results thanks to gold going to $1750 USD, and Carles production from their HIGH GRADE open pit, so EVBC will meet its guidance and possibly exceed guidance in fiscal Q4. At Don Mario, we have production from Las Tojas open pits coming on line in Q4, so Don Mario should meet 2019 guidance as well.  So fiscal Q4 is set up for a MONSTER PROFIT!

Then take a look at how USAS is trading as if it were a gold stock producing gold ALREADY when its Relief Canyon gold mine wont go into production until late Q4 2019 and wont reach commercial production until Q1 2020. So you have to ask why USAS closed the week at $3.73 USD.  Could it be than the insiders at USAS know that a merger with ORVMF is in the works?

If so what would be the takeout price of ORVMF be?  My speculation is that the merger price would be somewhere between 0.3 and 0.5 shares of USAS for each share of ORVMF. That puts a potential price of $1.10 to $1.86 USD on ORVMF shares.

So am I selling any of my shares of ORVMF????? Of course NOT!

This stock is either going above the 2011 swing highs or it will be taken out by another mining company who realizes the value of this company!
Bullboard Posts