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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
Post by Silly_meon Nov 07, 2007 1:32pm
229 Views
Post# 13769141

Exceptions -

Exceptions -If you look at the last earnings report, you will see that earnings are reported in US dollars. I've cut and paste the first paragraph for you. TORONTO, ONTARIO, Aug 10, 2007 (CCNMatthews via COMTEX News Network) -- Orvana Minerals Corp. (TSX:ORV) announced record production, revenues and earnings today with net income of US$7.6 million (US$0.07 per share) on revenues of US$15.6 million for the quarter ended June 30, 2007 ("third quarter 2007") compared to net income of US$3.9 million (US$0.03 per share) on revenues of US$11.1 million for the quarter ended June 30, 2006 ("third quarter 2006"). Cash flow from operations amounted to US$12.3 million in the third quarter 2007, an increase of 78% compared to US$6.9 million in the third quarter 2006. Dollar amounts in the remainder of this news release are in thousands of United States dollars unless stated otherwise, and fine troy ounces of gold are referred to as "ounces". The Company produced 23,425 ounces of gold and sold 23,771 ounces in the third quarter 2007, compared to 19,333 ounces produced and 18,177 ounces sold in the third quarter 2006.
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