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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 NostradamusIIon Apr 15, 2021 12:27pm
120 Views
Post# 33001492

RE:RE:News April 15/2021

RE:RE:News April 15/2021Nah, not a strong report, and short term puts some weight on the share price but I don’t think it is gonna matter that much in the slightly longer perspective. Cash flow from operations will still be positive even for this crappy quarter. And yes, AISC will go up significantly, which some people on this board will nag about when the financial report is released, however, this is not of that importance as long as things improve in the next Q and not a long term trend. Drilling results at OroValle have been strong, this will impact future grades and production positively and prolongs the life of mine, which is by far more important for the SP and even more importantly they maintain same time-line on OSP as in the last updates, which is by far most important. With OroValle continuing to deliver positive cash and as long as we progress towards SOP on the OSP nothing else matters.
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