RE:RE:RE:RE:Somebody buy us please.Nergy wrote: Comparing silent and smiling Juan to talking heads, master diluters and underperformers like McEwan and Blasutto for sure isn't fair. Most of you guys are mixing the cards and can't tell the difference between operational and share price under performance. Smilin Juan is not responisble for the scheiB show previous management created. I've never ever seen a stock forum filled with more bitter and dilusionalized posters. This stock is without doubts worth atleast 1 CAD on it's way towards 10 CAD before Smilin Juan and Fabulosa exits.
greendayyyy wrote: ORV is part of this group of hated companies like AR-IMG-MUX-YRI-USA. What they have in common is a rotten management and a president who doesn't care about the shareholders.
some weekend catching up here, and see that some of the rose coloured glasses gang are starting to come around. Nergy, you are getting there, just need a little bit more convincing me thinks, so heres some facts to ponder .
Bolivia always been a shady place to operate, the back door has and will continue to be wide open there, as you can see from the info below that there is still ongoing corruption and unrest in that part of the world. bad for the people there, and bad for Orvana shareholders . The mine can be overtaken , the OSP and talings seized in a heartbeat.
Also, did some digging, so to speak, into the numbers of the stockpile, and wow, does it get interesting.
So back in Sept 2016, the NI 43-101 study comes out, and among other things, says that one of the 6 zones that make up the OSP , and is called DM! Oxide , has 492,000 tonnes of ore, grading 2.24 Au, and contains 35,400 oz gold, and 8559 tonnes of copper , all good right ?
Then the September 2020 report comes out, and miraculously, that particular pile , DM1 Oxide, stays the same in overall size , 492,000 tonnes, and same gold grade, 2.24 , but now shows only 33,700 oz of gold, and 8132 tonnes copper, so WTF happened here ? HOW CAN THIS BE !!
What am i missing here, are these not standard fixed calculations using basic arithmetic. Is there not 31.1034807 grams in an ounce ? Someone want to try explaining this ? IS this an error by the company doing the 43-101 study ?
To make matters more interesting, of course the other piles , DM2 Oxide prestrip down thru the DM5 Dolomite Oxide are all down 9 to 10% in size , without explanation from the Company or anyone. I have researched the OSC complaint process when it comes to NI43-101 issues, and may be lodging a formal comlaint with them, as there has been no explanation from Shamvana as to the shrinkage problem, or the inconsistent numbers from the DM1 Oxide pile .
to finish, here is the stuff going on in Bolivia of late :
Coop
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Bolivia’s former interim President Jeanine Anez has been arrested over the 2019 political crisis that saw her replace predecessor Evo Morales, reigniting tensions in the South American nation.
The conservative politician had faced an arrest warrant on charges of “terrorism”, sedition and conspiracy over an alleged coup after she replaced Morales in November 2019 when he fled the country during widespread protests against his re-election.
I inform the Bolivian people that Mrs Jeanine Anez has already been apprehended and is currently in the hands of the police,” the minister of government, Carlos Eduardo del Castillo, wrote on Twitter and Facebook on Saturday.
Castillo congratulated the police for their “great work” in the “historic task of giving justice” to the Bolivian people.
Anez, who was arrested in the early morning hours in her hometown of Trinidad and flown to the capital, La Paz, had tweeted an arrest order she said was issued by the public prosecutor’s office, with the response: “The political persecution has begun.”
She added that she should benefit from immunity as former president.
Political unrest
Morales, Bolivia’s first Indigenous president, resigned in November 2019 amid pressure from some of the public, the armed forces and opposition leaders who accused him of stealing an election a month earlier.
He returned from exile in Argentina in November of last year after the candidate from his Movement for Socialism (MAS) party won long-awaited presidential polls.
President Luis Arce, who won 55 percent of the vote in the October 2020 contest and easily avoided a runoff, promised to “rebuild” Bolivia in the wake of a tumultuous year scarred by political turmoil and the coronavirus pandemic.
https://www.aljazeera.com/news/2021/3/13/bolivia-ex-president-anez-arrested-in-coup-probe-minister