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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 Larry60on Apr 17, 2024 3:12pm
43 Views
Post# 35994425

RE:RE:RE:Larry Larry Larry

RE:RE:RE:Larry Larry Larry I get that the strike impacted Q1.  We saw that in the numbers.  But very surprised the carryover into Q2, for 2 weeks or less, had about the same impact aka 35% decline in production.

There is a stink in the air.  Most can smell.  We're not sure where the stink is coming from but I think most of us would agree on most likley culprit(s)......


checkmate28 wrote: Larry I agree here, we should have been briefed on the strike earlier, however,  in addition to the 2 weeks you speak of, their were about 6 weeks in Nov Dec that would also effect the the production in q2. This was expected by me.  Three hour strike per 8 hour shift is 37%   Thats going to weigh negative over 8 weeks. 

Shares are still way up from the .12 -.13 range through Feb and early March and many took nice profits

 I think the sell on news was greatly impacted from the lack of positive developments on the OSP in the release. We were all expecting something.  The verdict is still out. I believe they will pull it off and that this quarter, numbers will be much better.  
 



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