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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 29, 2011 12:42pm
391 Views
Post# 19357100

I would not buy right now

I would not buy right now

Until these experienced used car salemen can prove they can turn this sinkiing ship around, 9 months and counting on commissioning the UMZ, over 1100 dollars cash costs in Bolivia, the need for another 15 million dollar installment, more gold hedging, the stock price will further decline. You better hope they fix all these problem before their first installment is due to Credit Suise. And Rock I don't know what rose cloured glasses your looking through, but u need to go back to the drawing board for your estimates for 2012.

Bullboard Posts