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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

Comment by Larry60on May 02, 2024 7:11pm
70 Views
Post# 36020640

RE:RE:RE:ORV

RE:RE:RE:ORVRemember,  we are all paying Juan his phat paycheque.  Month after month.

Is it good when he uses a little to buy shares with our money?  Yes.

Why does he do it?  None of us on this board know.  We hope he does it cuz he sees great value.  But there are other possible reasons:

1)  Ive noticed 2 of the times he purchased were after yet more disspointing quarters.  Could it be a mea culpa ie better buy in the market or take a hik??

2)  ORV deferred share compensation.  Synthetic shares are granted, not options.  SO the recipients get at a future time the market price of ORV.  Juan has received millions of these comp shares.  The comp shares get paid out at a certain time of year based on market price.  I forget when.  Would be interested to see if Juans buying happened to be shortly before the payout on these shares????

I wont speculate any further or imhogate may cry defamation.

jrj90620 wrote: Juan was buying shares actively in 2022 and last purchase was 6/28/2022 at C.31.Hasn't bought more shares,even after the stock dropped by half.I guess,when he starts purchasing shares again,it might indicate he is positive on the future of ORV.


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