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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
Comment by griffen1on Aug 22, 2012 1:29pm
218 Views
Post# 20247594

RE: Total cash costs

RE: Total cash costs

Stonecap has abandon this stock because they lied about their costs at EVBC with their monthly updates.  It is a good thing they fired Agnes.....he gave the wrong numbers.   In July Stonecap toured the mine and endorsed it with a reiteration of $2.10 price target.  One month later after the quarterly they drop it to $1.30.  Based on costs.  Sad that Orvana thought to obfuscate the cost numbers by switching to sell through vs production.  Management for this company is now in the a$$hle column.  It will be a long slow climb back to credibility.

Bullboard Posts