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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 ganndolphon Sep 27, 2017 8:49pm
120 Views
Post# 26751302

RE:Market Call ..Benj

RE:Market Call ..Benj2bewild,
I listened to the entire segment, and my take aways were that Benj is a contrarian investor that does careful risk analysis on his stock picks.  He doesn't like funds because of the overhead charges.

He likes individual stocks and one of the ones he mentioned was Alacer Gold, which he bought when it was debt free.  He likes it less now that ASR.TO has run up a debt to fund the construction of a new process plant, but continues to hold the stock as long as it meets its targets.

Benj likes companies that have been in business at least 10 years, and companies with actual revenues from operations.  Orvana, having been listed for 60 years on the TSX, and having two producing gold mines in operation, meets Benj's investment criteria. Unlike ASR, ORV has minimal debt relative to its gold production.  So my conclusion after listening to this very informative segment is that Benj remains invested in ORV.  

 So for contrarian investors, now is the time to add to your positions!




Bullboard Posts