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.

TSX:ORV - Post by User

Orvana Minerals Corp

Bullboard Posts

Comment by griffen1on Mar 23, 2009 2:42pm

444 Views

Post# 15863719

RE: RE: When it moves....not if

Where could Orvana go........

Have a look at Alomos Gold (AGI). Same shares out, after their Feb. $65 million bought deal, Same cash on hand. Same gold equivilents in the ground.......well not quite. Production and earnings are going up at Alomos though and shrinking with Orvana. Orvana is in Bolivia and Alomos in Mexico.

Market cap is 13x the size for Alomos ($8.45/share) and their PE ratio is 40 compared to 3 for Orvana.

We'll see if Orvana can get there in the next 2 years.....I'll be happy with 10x the return on my money.

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading