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Gold/Mining/Energy : Canadian Warrants Only
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To: onepath who wrote (7033)2/8/2009 8:23:22 AM
From: Anchan  Read Replies (1) of 23097
 
I had to look up the chart for Orvana Minerals (ORV.TO), an unknown to me:
In 1996, its share price was $10.
In 2001, it was down to $0.07.
In 2003, it was up again at $1.65.
Since 2006, ORV has been drifting down ever so slowly.
From its last rise to $1.10 in October 2007, there is a clean, straight trend line down, to an October 2008 bottom of $0.35.
That trendline was finally broken, to the upside, some 6 weeks ago.
Time to buy?
Is ORV good-good? Bad-bad? Good-bad? Bad-good?

P.S. I'd better look at the funnymentals, first.
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