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.

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Orvana Minerals Corp

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Comment by 2bewildon Mar 09, 2018 2:43pm

94 Views

Post# 27693351

RE:RE:RE:RE:RE:RE:RE:RE:RE:Benj

ganndolph, according to orv financials in stockhouse the balance sheet for total assets in 2008 was 121 mil. , in 2017 it was 171 mil.( thats good)

lets look at the other side of the ledger.

Liabilities in 2008 24 mil., in 2017 it was 83 mil..( thats bad)

ok, lets look at stockholders equity.
2008 it was 97 mil.
2017 it was 89 mil.

when equity value goes down so does the stock price. ORV spins there wheels and change CEO's
out of ineptness.

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