Orvana Minerals Corp T.ORV

Taguas looking very similar to Barrick Gold Veladero mine

[xyz_trader1]

This is the number of ounces for the Veladero Mine owned by Barrick Gold just 25km south of Taguas. Notice the reserves are almost identical.

Reserves & Resources

Proven and Probable
Gold Reserves

2.6

Million Ounces

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Measured and Indicated
Gold Resources
(Inclusive of Reserves)

3.1

Million Ounces

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Inferred
Gold Resources

580,000

Ounces

[Thales42]

2.6 Million Gold Equivalent Ounces so far with limited exploration. Could be better than Veladero which has passed its production pick. Veladero is also a JV with a Chinese miner and both Barick and the Chinese can surely figure out how to transport million tons of oxidized gold to Veladero processing plant.  So how much is Orvana Mamachita really worth?      

[Nergy]

I would say about 20 times the current MCAP right hear right now, that figure could ofcourse increase in coming years.