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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 griffen1on Feb 15, 2012 11:31am
326 Views
Post# 19537276

Wow nothing in the new presentation

Wow nothing in the new presentation

Obviously these idiots, that have done nothing right in 2011, think that the less they say in their presentations the less they can be accused of messing up in 2012.  So now they have whittled it away to single slides on the 2 operating mines.    If EVBC costs are not down significantly, from the ridiculous $1200/ounce in Q4, they need to cut a few more heads.  They had $60 million in capital spending in 2011, $27 million planned in 2012.  If they do not have some serious positive cash flow from operations this quarter and next, then dilution is going to kill all except Fabulosa.  And for all this incompetence, millions in stock based compensation for these utter morons.  I will be happy to stand up at the share holder meeting in March and share this opinion.

Bullboard Posts