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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 kimchipoweron Aug 22, 2012 4:46pm
225 Views
Post# 20248938

RE: RE: Total cash costs

RE: RE: Total cash costs

Yes I am also suspicious about the timing of the conversion to ounces sold vs produced. The firing of Agne, the resignation of Simkus, the quick and dramatic price target reduction by Stonecap all around the same time...Mickey Mouse Clubhouse. Too bad because the properties have a lot of potential.

However I think I do recall Bill Williams answering a question during the conference call and predicting cash costs to be in the $700 range in Q4 at EVBC. That should re-assure investors moving forward, but these guys are hard to trust.

Gold at a 4 month high and this dog approaching 52 week lows once more. Something stinks. Credibility out the window a long time ago.

Bullboard Posts