RE:The problem with Orvanafirecracker74,
I find it odd that a poster who spends most of his time pumping silver and zinc stocks on almost every stockhouse board would find the time to bash Orvana? But to address your post, Orvana doesn't have a problem. It is the market that has mispriced Orvana and doesn't understand the stock.
While it is true that the rise in the Euro from $1.11 USD to $1.19 causes expenses to rise by $1.4 million USD, the mine plan was based on the Euro at $1.35 USD. That is ultimately where the Euro is going, and in spite of the higher Euro, EVBC will still be profitable.
In fact, in spite of the hedging of 14,400 ounces of gold production at $1275 USD and 450 metric tons of copper at $4850 USD per tonne, both Don Mario and EVBC will be profitable this quarter, and IMHO the positive cash flow this quarter will be above $10 million USD. I don't have time to post the details now, but I have updated my Don Mario production model to include blending of high grade ore from the oxide stock pile as well as ore from the satellite open pits.
More this evening....