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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 30, 2011 9:54am
242 Views
Post# 19359246

Another Quarter is done...

Another Quarter is done...

and the stock remains under a dollar a share. Unbelievable. How the fu$k could this bunch fu$k up so badly. And the reassurance from the company about the current management, Tomander, that they will fix this mess, I would not believe it for a second. Here's another statement, that these experienced miners released back on November 11. If no news is released today, it's another target that these boys have not met. Why make statements, such as this, and then turn around and not event meet that target. What gives?

New Resource/Reserve Reports

At Don Mario, a new NI 43-101 reserve report is being prepared based on current operating costs and improved gold, copper and silver prices with completion expected in December 2011.

At EVBC, a new NI 43-101 resource and reserve report is also being completed based on drill results reported over the past year and improved gold, copper and silver prices with completion expected in December 2011.

 

 

 

Bullboard Posts