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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 griffen1on Apr 09, 2009 3:14pm
267 Views
Post# 15908937

Investor Confidence Waning

Investor Confidence WaningWow,  thought this company had something.....looks like I'm not the only one thinking of dumping if the next PR is just more bullsh   it.   Strength at $0.63 is really being tested.  Management implied back on Feb. 9th that they would announce before the end of March on the UMZ.  Looks like they screwed the pooch.  Anticipation got the stock up (and my hopes).....but then nothing.  It's starting to sink.  Now Bolivia looks less and less appealing to investors.  Will Orvana be one of the winners when gaps open in the market as other NA and European miners leave.  Bolivian CEO should help.....but their track record is starting show a lack of abiltiy.  One year with BD guy Willy Williams and nothing .....still lots of cash doing very little.

Will see next PR.
Bullboard Posts