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

Comment by maurizionon Oct 27, 2014 1:23pm

199 Views

Post# 23064473

RE:RE:RE:RE:RE:Record Production/// lower costs////increased outlook for 15

OK so Lakeshoe has higher production but not double.
They have more reserves and higher grade and slightly lower cash cost but also still have quite a lot of debt I believe.

Most of ORV production comes from Spain - Safe jurisdiction
Virtually debt free

Lakeshore MK 430 Million
ORV MK 43 Million

10X does it make sense?
I think not.

Bullboard Posts

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