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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 Sep 09, 2019 11:13pm
136 Views
Post# 30111121

RE:selling ORV

RE:selling ORVdisosa,

The answer to your first question is nobody is selling ORV except potentially the weak longs that bought the recent top.  And of course on the TSX there are about 300k shares sold short on that exchange.

But here in the USA on the OTCBB, the total trading volume last week was 6,141 shares in 9 trades, and today some hero sold 10,000 shares at 22 cents which is at the 50 percent retrace level from the recent high.

So this stock is set to do an ABC up to 40 cents US in the coming 6-8 weeks.  You want to double your money?  The current ask price on ORVMF is a 50 percent discount to what the price of this stock will be in two months.

If you compare ORV versus the 3 other stocks that were mentioned in the previous post: ORA.TO, ALO, and CMCL, ORV has outperformed the other cheap gold stocks by a mile.
Bullboard Posts