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Bullboard - Stock Discussion Forum 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... see more

TSX:ORV - Post Discussion

Orvana Minerals Corp > Legal action in Spain
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Post by Beluga2020 on Mar 03, 2021 10:55pm

Legal action in Spain

News out with update on legal proceedings in Spain. The consequences are clear. If ORV loses the case, the mine is likely to close as they have been unable to mitigate the selenium levels. Financial penalties also crippling being a one mine company at this time.
Comment by Nergy on Mar 04, 2021 2:52am
Your post fore sure doesn't reflect the News release. "Orovalle has submitted proven and conclusive evidence that demonstrate that its activities have not resulted in any environmental damage. Considering the strength of the legal defence and evidence in favor of OroValle's position, OroValle is confident that this Process will result in the dismissal of this matter Selenium is a ...more  
Comment by Beluga2020 on Mar 04, 2021 8:01am
Of course ORV will respond with such a statement. That's what all defendents do. The state is prosecuting, not a bunch of peasants. The state is a first world country, so there must be a valid case. There is a risk. Hopefully a settlement and the mine can continue operating in some form. The potential penalties are significant. Now that the case is out and not buried in quarterly materials, it ...more  
Comment by xyz_trader1 on Mar 04, 2021 8:36am
im not an expert in legal matters but seems this case has been dragging on for 6 years now since 2015. in that time ORV has been making money. This legal matter will probably drag on for more years because of Covid. i wouldnt worry about it. The company says they dont produce selenium in their minining operations. seems to me somebody sold out all his ORV holdings and wants back in cheap. stir up ...more  
Comment by ganndolph1 on Mar 04, 2021 11:08pm
Beluga2020, "The state is a first world country, so there must be a valid case." NONSENSE AND NONSENSE SQUARED! Having spent half my working life on environmental issues from the government and private industry side, one of the things that I look at closely is the area of environmental compliance. So, Orovalle process plant is a zero discharge facility which means that no process ...more  
Comment by greendayyyy on Mar 04, 2021 11:35pm
ganndolph1..........Thank you for this more detailed information.
Comment by SmilinJuanG on Mar 04, 2021 11:59pm
Thank you????  Holy cr@p.   Gandork says dont worry!!!  When gold goes to $3000 we all make money!!!!!!!!!!!!!!!! This turd of a NR tore 15% of the mkt cap........................already...................... SmilinIJustTookADumpOnYouJuan asleep at the wheel again.................or spending all his time holding the back door open??? PS Im here cuz Im a shareholder.......... ...more  
Comment by SmilinJuanG on Mar 04, 2021 11:57am
What this refleks, merit of case aside, is that no one at ORV seems to have any idea on WTF they are doin!!!!!!!!!!!!!!!!!!!!!  Or do they???????? It is a shltshow..............a SmilinIJustTookADumOnYouJuan and alleged Bolivian war criminal shltshow..............with a Board that seem to be a bunch of marionettes.................or back door holders????????????????? All imho...
Comment by greendayyyy on Mar 04, 2021 4:30pm
SmilinJuanG.............Tell me the reason why you come here to write. Are you a shareholder or just a guy who writes every day to tear down the company.  You've never thought about going elsewhere. It would be good for all the real investors here.
Comment by xyz_trader1 on Mar 04, 2021 6:45pm
just put him on ignore. his posts are not even worth anybodys time reading. xyz
Comment by SmilinJuanG on Mar 05, 2021 12:05pm
greenday,  wasnt it you who said: "Even at the price of 100 thousand dollars a ton this incompetent management that fills its pockets will do everything in its power not to generate profits. " https://stockhouse.com/companies/bullboard?symbol=t.orv&postid=32632828
Comment by SmilinJuanG on Mar 05, 2021 2:25pm
The pumpers on this board are as silent as the trade in ORV!!!!!!!!!!!!!!!!!!!!                   At least if the stock price was gonna get hit 25% youd think thered at least be some volume.....................some buyers moving in....................... But no, next to no volume and huge icebergs on a ...more  
Comment by Beluga2020 on Mar 05, 2021 3:24pm
ORV stock price held up well today. Everyone knows inflation is coming, will be ferocious and it will be sustained, regardless of what Powell says.
Comment by SmilinJuanG on Mar 05, 2021 3:32pm
So that means we should wait for gold to go to $3,000????  And SHamVana AISC to go to $3100????? Sounds like a plan!!!!! When guys are pumping the macro enviro, you knows it really bad and sad at the Shamvana operational level!!!!!!!!!!!!!!!!!!!!!!!!!!!! Holy SmilinIjustTookADumpOnYouJuan!!!!!!!!!!!!!!!!!!!!!!!!!!  
Comment by greendayyyy on Mar 05, 2021 5:16pm
SmilinJuanG.......To answer your question. Yes I wrote that the management was incompetent. This management has been destroying this company for years but I never mentioned that ORV was a bad company. I think your problem is the price you paid for your actions. If you really are a shareholder. ????   
Comment by maurizion on Mar 05, 2021 6:50pm
The hell with processing the stockplile sometime maybe in the next five years. Isn't there someone they could just sell the whole thing to for a lump sum of money tomorrow and be done with it?
Comment by jicoop on Mar 05, 2021 4:42pm
Was trying so hard not to post any time soon on this BB, but just some 2 cents for the weekend. The conseuences of the legal proceedings are high, but IMHO this should be dismissed. As for the rest of the Shamvana team, and their majority owner, they should all be dismissed as well, a long time ago. A long and lengthy history of destroying shareholder value, while rewarding themselves along the ...more  
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