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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 yogi33on Jan 11, 2008 11:56am
156 Views
Post# 14188108

RE: $65 million in Cash flow in 2008

RE: $65 million in Cash flow in 2008An increase in taxes and lower production rates will hit in 2008, although the rising POG should help offset this. As for what their Bolivian assets are worth?? My guess is nothing since ORV seems to be priced at cash value right now. The future lies in how they deploy their cash reserves. Until this becomes more clear, we will likely see the share price be range bound between 70-80 cents. I am watching for more aggressive inside buying which might be the tip we are all looking for. yogi...
Bullboard Posts