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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 > Larry, Break out or fake out ??
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Post by checkmate28 on Mar 11, 2024 2:02pm

Larry, Break out or fake out ??

Larry Use your head here. 

The only unanswered question is,- Has Orvana secured the necessary financing to execute the start of the OSP Project? and at what cost to the company?  The answers to these questions should determine if ORV.T stays at market cap in the teens or does it run to $50m for .36 / share in a hurry. 

  While you and others wine about the share price and Orvana mgt, they have moved the company forward and increased value over the last years. Also, as you know, they have done this quietly and with NO DILUTION to shareholders. Have you noticed They always seem to find the money and at a fair cost. Lack of transparency and hand holding sometimes, I'll give you that one. Lack of news and transparency hits the fear meter up! but they are moving things forward.     

#1  Oxide stockpile Project mill mod project financing almost across the finish line 
Oxide Stockpile mineral resource in the MEASURED catagory
all material above surface and already crushed. Just waiting to be fed to the revamped mill. 
Au 129k oz-
Cu 41k t -
Ag 3,461k  Oz
 
This OSP hapefully will be followed up by 6 million tonnes rich TSP AKA tailings stock pile 
Together these 2 projects will Potentially Add 6-7-year of profitable Mine Life to Don Mario Allowing for other Regional Exploration Opportunities and progress of 2.6M OZ Argentine Taguas property

# 2    4.7 Million oz AuEq company wide resource  -  2 mines - 2 mills

#3  Last but not least and probably the future of the company the Taguas San Juan Argentine property next to Barrick’s Veladero Mine.  Where here, they have went from zero to the following 2.6Million Gold equivalent ounce resource and a good looking PEA Study on the oxide component. 

 
  Its my thoughts, that they monitize the OSP @ TSP projects over the next years to take Tauguas through full feasibility and maybe development. This is a serious high horsepower project with the ability to really move the needle for a small company like Orvana. Thy'll probabaly sell this for a huge amount of money. 


  So Larry I got all this information off the company presentation off the website. One just needs to do some DD and answer the 2 questions below. Hopefully youve done this?  

  Has Orvana secured the necessary financing to execute the start of the OSP Project? and at what cost to the company? 


  From there, place your bet or sit and watch . 

 To me it looks like a lot of people have not done their DD and are just waiting for the share price to get high so they can feel good buying ORV at higher levels!!!
Comment by Larry60 on Mar 11, 2024 2:29pm
They have created value and progressed things over the past few years??? https://www.orvana.com/English/news/news-details/2019/Orvana-Reports-3rd-Quarter-Consolidated-Production-of-20696-Au-Ounces-11-Million-Copper-Pounds-on-Track-to-Meet-FY2019-Gold-Production-Guidance-with-Copper-Production-Exceeding-Guidance/default.aspx 5 years ago!: Q3 FY2019 Highlights: Consolidated g old ...more  
Comment by Larry60 on Mar 11, 2024 2:31pm
P.S.  all accomplished under the same management team as today!!!!  Management overhead in the period around the market cap today!!!!!  wow.  so lucky!!!  
Comment by checkmate28 on Mar 11, 2024 2:55pm
I dont think you got it bro.  They shut a mine down right after that quarter you highlighted as the mine life ended. Immediatly  after, they had to deal with covid shutdowns and insane energy prices followed by employee layoff problems from the mine shut down.    From there, they worked on stabilizing what they had left, while developing Taguas into what it is now. Larry ...more  
Comment by Larry60 on Mar 11, 2024 3:16pm
They were actually bringing Los Tojas online at that point which was meant to bridge production until the OSP was in production.  THey dropped alot of $$$ on it.  It went into production and they shu it down after a few months (couldnt make out how long except that it was similar to strike - utter silinece and then announced losses and shutdow) despite gold going from 1200 when ...more