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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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

Comment by checkmate28on Jun 09, 2020 5:45pm
212 Views
Post# 31130803

RE:Appreciate the negative comments

RE:Appreciate the negative commentsA few things I like here.  Our CEO  has purchased heavy the last 12 months and is aligned with us. Good to know, his purchased shares are getting near what I hold.  This tells me,he believes that the ore reserve will continue to increase and that the stockpile processing will be sucessful in Bolivia. In a sence his purchaces have derisked the operation.  

  Another thing is that the banks continue to loan money at low rates and most importantly Orvana is not diluting to grow.

 The negative is, that with the lack of promotion or analysts on the stock, its hard to keep tabs on weather things are still moving pos forward or deteriorating. We are going to have to wait for Cash Flow to move the needle. 

  Cash flow will come due to the higher POG and reduced CAPEX. What Im hoping for is a transformative M&A deal of some kind esp since they often mention this in their strategy. 
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