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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 yogi33on Jul 15, 2011 11:36am
290 Views
Post# 18835533

RE: RE: RE: Crazy Talk

RE: RE: RE: Crazy TalkNormal guy,

Not sure I follow your question.....my average cost is about where this stock is now.  Its down signficantly from the start of the new year when the UMZ was suppose to be in operation already and producing cash to fund EVBC and the Cooperwood mine permits.  We all know it is not and beacuse of that we have a $15 bridge and another loan or financing coming, $15million in capex still to spend on EVBC and who knows how long Cooperwood is not behind.  I call that destrying shareholder value....oh ya, the $5million enviro bond, are you telling me the management just found out about this? 

After all this I am still long....but you can't move forward without looking back and and correcting problems....and to ignore them is ingnorant.

yogi...
Bullboard Posts