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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 Mar 23, 2012 6:12pm
453 Views
Post# 19712148

The Bolivian Drag

The Bolivian Drag

Why not sell this asset outright. Even when they were making great money to build their warchest, it was never reflected in the stock price. Now they have this mine that will probably never produce any gold dore, only some hy-brid concentrate and the stock price remains a penny stock. Almost a year in the commissioning stage. It is a shame that these idiots took nearly 200 million dollars and are barely making a buck, with all the hedges in place, after nearly a year of two mines running. And you think Billy boy is the man to turn this ship around? Well according to Mr Market, he doesn't think so and neither do I. Someone should have told these boys to sell the Bolivivan asset and concentrate on Copperwood. Bet they screw that up too.

Bullboard Posts