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Bullboard - Stock Discussion Forum 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... see more

TSX:ORV - Post Discussion

Orvana Minerals Corp > What is going on here
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Post by yogi33 on Apr 13, 2023 10:44am

What is going on here

6 months ago gold price was $1650 and Orv traded at $0.19/ share. 6 months later with gold up $400, this still trades at $0.19. I thought a high gold price lifts all boats. This boat has a hole in it. 


yogi...

Comment by Nergy on Apr 13, 2023 2:45pm
Yes the annual CF will improve with about the same amount as the current MCAP, but no one cares since all that matters is the now 2 year delayed EMIPA OSP construction.........
Comment by Thales12 on Apr 13, 2023 5:28pm
but  EMIPA OSP construction needs financing first.  I take it that management is busy negotiation the terms of the deal... Until recently it would have been more beneficial to deal with Western commercial banks, but all this has changed ...