Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a Canada-based multi-mine gold-copper-silver company. The Company is involved in the evaluation, development and mining of base metal deposits. The Company owns and operates El Valle Mine and Carles Mine, which is situated in Asturias, Northern Spain (collectively El Valle) and is managed by its wholly owned subsidiary, Orovalle Minerals S.L. (Orovalle). In addition to El Valle, it owns certain mineral rights located in the region of Asturias. It also owns the Don Mario Operations (Don Mario) in San Jose de Chiquitos, Southeastern Bolivia and is managed by its wholly owned subsidiary, Empresa Minera Paititi S.A. (EMIPA). It consists of around 10 contiguous mineral concessions covering approximately 53,325 hectares (ha). Through its subsidiary Orvana Argentina S.A., the Company holds its 100 % owned Taguas Property, which is situated in the Province of San Juan, Argentina, and consists of approximately 15 mining concessions covering approximately 3,273.87 ha.

TSX:ORV - Post by User

Orvana Minerals Corp

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Comment by 2bewildon Aug 16, 2017 2:42pm

111 Views

Post# 26588792

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wash, Rinse & Repeat

You are right surveyor2582, cash balance is up in Q3.
However, you must look at the whole picture.
Total debt has increased Qtr after Qtr.and STOCKHOLDERS EQUITY has decreased Qtr. after Qtr.
Almost every ratio is negative.
Orvana is just surviving....and they are good at it...60 plus years in business. Wait until an up swing in gold price or better grades mined.
AlfTanner, I hope my grandkids are patient as you when they inherit my ORV shares.
It will make good conversation around the dinner table.
WHAT WAS GRANDPA THINKING?

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