Orvana Minerals ORV.T ORVMF The most laughable valuation out there. I've been calling this one all year. ORV quarterly revenues are going to exceed their market cap this quarter with reduced cost, increased production and a positive cash flow stream that is going to increase quarterly pushing the stock up many multiples. Fortunately I was able to stealthily add 25k shares 4 times at between .25 and .26 the last week and yesterday. Ill probably add more shares here, because the markets will make more excuses to not buy this stock. The cash is coming big time, relative to the market cap, and the market will know what to do with that. I predict 2018 cash flow will exceed todays market cap.
Issues Increased Annual Production Guidance For 2018
Canada NewsWire
TORONTO, Sept. 13, 2017
TSX:ORV
Fiscal 2018 gold production guidance of 110,000 to 120,000 ounces, an increase of 25% over 2017
COC and AISC of $950-1050 and $1150-1250 respectively a decrease of 10% compared to 2017
Also noticed Copper production guidance down and decreased company wide CAPEX guidance.
Link back for more Rockin Good ideas!!!
