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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 Dec 19, 2011 2:25pm
361 Views
Post# 19335254

Market cap of 135 million is

Market cap of 135 million isaround 60 million less than what these experienced miners have spent, including the next 15 million installment that they are waiting for, on Spain and Bolivia. The investing community has no faith in the current management to turn this catastrophy around. Whoever heard of 8 months and counting to commission an existing mine that ran for nearly 10 years? Nothing positive going forward, and will soon test the sub 1 dollar level. Total pos.
Bullboard Posts