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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 BUTLER4U2on Nov 24, 2011 5:59pm
585 Views
Post# 19265660

Nov presentation ON WEBSITE

Nov presentation ON WEBSITEOutlook for 2011 seems to be...as far as i understand
75,000 ounces of gold...lets say they get there cash cost to $700 ounce that's $1000/oz or          75 million
18,000,000 lbs copper @ cash cost of $1.16   so at $3.16 copper thats  $2.00 x  18,000,000 or  36 million

Thats approx $111 profit by my calculations into 141 million shares or .78 cents per share...ORV looks really cheap to me.   
Then when Copperwood comes online..the sky is the limit.
Bullboard Posts