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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.


TSX:ORV - Post by User

Bullboard Posts
Comment by Orwellon Sep 28, 2006 10:24pm
100 Views
Post# 11437270

RE: what a joke

RE: what a jokeAnyone know who has shares out there that might be overhanging or depressing this stock? Any cheap warrants, options, etc. out there? Any large holders who have cause to unload? Or could it be insiders who have news that we will only find out about shortly? Otherwise, I don't understand ORV. Never owned it before, but bought in recently at 0.81, I was not expecting it to routinely close below 0.80 for a company selling at 3x cash flow. Moreover, if gold just goes to $700 in a sustainable fashion, that extra $100 per oz would go straight to the bottom line, and practically double the value of the company from here. This is the strangest stock I follow at the moment. O.
Bullboard Posts