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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 newbie880on Jul 15, 2011 8:53am
306 Views
Post# 18834508

Missed every target...

Missed every target...In the last year and a half Orvana has failed to meet every target that they set out to achieve in a timely fashion. How vaque is this; are expected to reach the targeted 80% level within the next few months. Until these recoveries are obtained, dore production will continue to be negatively impacted, with first dore production expected in the next couple of months. Are you to believe that they can correct this major issue in the next few months? I don't think so. The investing community don't think so either. The share price says it all.
Bullboard Posts