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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Metals & Mining Gold
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

Orvana Minerals Corp
Bullboard Posts
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(41)
•••
Comment by yogi33on Aug 04, 2012 12:27pm
191 Views
Post# 20184704

RE: RE: RE: ORV a No brainer

RE: RE: RE: ORV a No brainer

Geezer...do your homework.

Hedge #1: - 1600 oz per month (19,200oz/yr) collared at $1550-1855/oz

Hedge #2 - 19,200 oz/yr at $1250oz....a 21% haircut to gold price

Total hedges = 38,400oz

Estimated annual EVBC production is 73,000oz over 9 years

Total EVBC hedges = 52% of production

Source of info...see link below:

https://www.andrewjohns.ca/sites/default/files/ORV_20120216%20ORV%20Increases%20Credit%20Facility.PDF

No hedges at DM

Bullboard Posts
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