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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

Bullboard Posts
Comment by TREV16on Apr 08, 2005 10:07am
183 Views
Post# 8879043

RE: Looks like Orvana is for sale...

RE: Looks like Orvana is for sale...When we think of the gold sector we relate to it as what's happen during the last couple of years. This market is so small and in the grand scheme of things there is very little interest in gold stocks from the investing public. So when we talk of $3 for Orvana, certain things need to happen like acquire another property, or have a decent drilling discovery (Virginia). But the main thing which will propel all gold stocks is when the mainstream investors lose confidence in the world reserve currency (below 0.80) and gold moves past $500 an ounce. When this happens, hopefully this year, we will start to see the Orvana's of the world really start to move.
Bullboard Posts