Orvana Minerals Corp T.ORV

Company update

[Nergy]

We’re currently waiting for the following company updates:

EMIPA OSP the company expects construction to start in early calendar 2023, how much more delays will we have?

Resource remodeling of Taguas. Completion expected by the last quarter of fiscal 2022.

Q3 financials, including resource update from extensive exploration drilling  @Orovalle.

[greendayyyy]

Don't expect any good news because every time they find excuses and this has been going on for months and months.

[Nergy]

As long as the OSP is up and running in the 2024-2025 time frame benefitting from the great copper shortage I’m satisfied. I’ve noticed that my post has been read 160+ times and that is common hit rate for this quote on this forum. Is that you greeny? that is reading every post 150 times, since the interest for this stock generally is very close to 0, And you seems to be desperate to reply with

[greendayyyy]

I own 18 gold and silver mining stocks and I am 80% positive because they have a good management team with great future growth. If this company had a great management team with future growth I certainly would not be negative. Seriously look at the last 10 years of ORV and tell me what you see positive about this company. This company has been stagnant for ten years and has no interest in

[checkmate28]

Nergy Thanks for the summary updates, now and before, of current catalysts with company quidance.   As to Greenday I have him on ignore. 

[greendayyyy]

The following are the 2014 production results. Fiscal 2014 production guidance achieved EVBC and Don Mario Mine production of 84,084 ounces of gold and 21.1 million pounds (9,551 tons) of copper, a 4% increase in gold production and 22% increase in copper production over fiscal 2013, and 890,339 ounces of silver. Gold equivalent production of 149,090 ounces.    Production 2022 around

[greendayyyy]

Show months of good numbers, constant growth and a significant decrease in production costs and rest assured that I will be the first to applaud. 

[Valuuuguy]

No doubt currnet management and the board have failed over the past few years miserably imho.  Had they executed on what they already as recent as 2019, orv was already a 100k/year producer, we would be lookning at $4 floor valuation for orv.  Now we're looking at more like $1. 100k/year should have grown to 150k/year by now. But management/board, imho, failed on many fronts: 1

[greendayyyy]

Thank you for your excellent comment. You have just described all the problems that have accumulated over the past ten years. I truly believe they have thrown in the towel. This company has lost interest and is just managing what they have in place.     

[Thales12]

We need some action here to wake up the sleeping Orvana.  To paraphrase the Canadian Prime Minister a rude awakening, including the use of wire brushes up there in Orvana management Ar****s, perhaps to shake up their sleep  

[Valuuuguy]

ORV management seems to have destroyed a ton of value in the past 5 years.  And they missed out on hype of biggest gold run in forever. Hopefully GOOD NEWS is coming out in the next week or two.  No more delays or excuses.  Need +ve news on OSP and elsewhere.  If good news is not forthcoming, time to REPLACE management.  CEO, CFO, etc.ASAP Time for controlling

[greendayyyy]

No positive news since four months already on the drilling and progress on their project. No surprises here.

[Valuuuguy]

Q4 production was solid, in fairness.  But only good news is that it wasnt bad news!! Agreed that we have NOT seen "good" news in a long time.  Even longer than 4 months We have been teased with some good drill results, but they NEVER seem to translate it into anything. almost like they just drill but no one really understands geology in general.  clearly, imho, Juan

[JUANTOTHESTARS2]

checking their previous news releases. ORV has delievered news every month so i would expect it to continue this month in November. JUANTOTHESTARS2

[greendayyyy]

The last three news items are about gold production, the summit conference which was a disaster by the way and the financial results. Nothing about drilling and project development. The next news will be the fourth quarter financial results which could be another disaster if the all-in production costs are above $2200.

[Valuuuguy]

A few things: 1)  VWAP today was close to 21 cents.  CIBC bought 32,000 shares at 3:18 between 20 and 22.5 cents.  2) Right after the CIBC trade, Morgan Stanley sold 500 and 500 at 0.195 and 0.185. 3)  Bids filled in right away above e.g. 19.5 cents, but of course Morgan would not hit them. 4)  Morgan, imho, continues to try and paint this down at every chance. 

[Valuuuguy]

Closing bid/ask.   Something cookin but someone lookin to keep a lid on it?: Orders Shares Bid Ask Shares Orders 1 2,500 0.195 0.24 4,000 2 1 2,500 0.19 0.27 42,500 2 1 10,500 0.185 0