Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Silly_meon Nov 16, 2010 12:10am
558 Views
Post# 17710693

FYI: Some differences

FYI: Some differencesI noted that there are some differences between the news article and the new November Orvana corp. presentation.

Orvana states 10.5 year mine life with anticipated annual production of:
 
                 Annual                                  Total
Gold              14,000 Oz  * 10.5  =        151,200
Silver          460,000 Oz              =      4,830,000
Copper 14,500,000 Lb              = 152,250,000

The news article states as follows:

                 Annual                                  Total
Gold              33,800 Oz  *  7      =         236,600
Silver       1,000,000 Oz              =      7,000,000
Copper 20,600,000 Lb              = 144,200,000

The news article seems to imply 56% more gold production; 45% more silver and 5.3% less copper.

Not sure why the differences?

Ciao

Bullboard Posts