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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 goldpigon Aug 16, 2009 5:45pm
275 Views
Post# 16223411

RE: RE: Earnings

RE: RE: EarningsSprott's view is the same.
There was little to promote until they acquired upside production, and put all of that dough to work.
The $110 million is enough for both the UMZ and El Valle and will increase production to over 200,000 oz per year at a cash cost of about $325 per oz.
That adds up to about $1 per share in cash flow  , enough to get us to the $7 level.
If KNB shareholders were smart, they would roll that $0.75 into Orvana and see it increase 5 fold over the next year or so.
Bullboard Posts