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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 kimchipoweron Jun 01, 2011 8:31pm
314 Views
Post# 18659496

Enough is enough...

Enough is enough...Hello everyone,

This is my first post. I've been a shareholder for over a yr now and have been reading what is posted on this board everyday. I know how it works on stockhouse - people will claim I am a basher, will point out I created my ID today etc..
The fact is I am posting for the first time because I have a lot invested in this company and I am truly disappointed with how management has dealt with ongoing issues. Hey I used to laugh at Newbie's post too, disregarding them as fluff. I wish what he posted was not true, but its mostly factual. Management has dropped the ball big time here with their inaccurate timelines and unwillingness to update shareholders in a timely fashion. Carlos at the UMZ must go. Problems after problems, and he does not even have the audacity to take part in the last conference call. Management had to scramble to say something about him being on site and the phone connection not being good..what a joke. Amateurish.

Yes I agree with most posters that the future is bright and long term this is a strong play; however the investment community will not soon forget these latest mishaps by management and the share price will not increase as fast as a result.

As Newbie stated, if they can't hold a timeline they shouldn't mention one -play it safe. Didn't they say end of may for EVBC just 2 weeks ago in their updated presentation? Why say that if they were not 100% sure? Now the stock is getting hammered because people are left wondering what is really going on.

Poor Minou. Its not the market that is necessarily sick, it may very well be Orvana itself...Good companies with reputable management (see Argonaut gold AR.To) see their stock prices hold or rise in bad market days. Too bad I sold all my stock in that company to follow empty promises over here.
Bullboard Posts