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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 Sep 19, 2023 12:14pm
119 Views
Post# 35643562

RE:RE:RE:RE:RE:ATX, ORV mining neighbour has new resource estimate

RE:RE:RE:RE:RE:ATX, ORV mining neighbour has new resource estimateJR As you say, Fablosa probably is satisfied with the share price and whats happening now as long as the business plan to creat value is intact and movng forward. 

 Its my belief that Fablosa is here for one reason. To make money. Their not concerned with day to day share price and they do not need it now reach their goal. They dont dilute so they dont need it for financings. 

  Fablosa basically gave 100% of Taguas to Orvana for a 2.5% Royalty. Taguas is probably the future of the company and what will bring a high value M&A transition or an anchor low cost producing asset 

The OSP I see as a means to generate cash flow to continue developing Taguas. Once developed the share price will be there. 
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