Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

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.

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Orvana Minerals Corp

Bullboard Posts

Comment by yogi33on Dec 06, 2008 3:32pm

215 Views

Post# 15631581

RE: Develop or sell the UMZ

Rock,

Not so sure that Fabulosa Mines = Glencore

Sinchi Wayra (which is owned by Glencore, and where Mirabal was previously employed) assigned to Fabulosa its rights and obligations under the Definitive Agreement, including in connection with an asset purchase loan made by Sinchi Wayra to the Company (Orvana). As a result of such transfer and of subsequent issuances of Common Shares to Fabulosa, Fabulosa held 60,445,028 Common Shares as at December 31, 2007, representing 52.5% of the outstanding Common Shares.

Am I missing something?

yogi...

Bullboard Posts

These cold weather stocks are looking to heat up for winter