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.

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Orvana Minerals Corp

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Comment by ganndolphon Mar 08, 2018 8:06pm

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Post# 27687857

RE:RE:RE:RE:RE:RE:RE:RE:Benj

camgropoz2,

Total asset value was $49 million in 2008. In 2011 it had grown to $227 million. As of Q1 2018, total asset value is $171 million. So therefore, book value has not decreased over the past 10 years. Furhermore, if they updated their 43-101 reports on an annual basis, total assets might actually be up from 2011.

I don't pay attention to what the market consensus is. I am interested in finding stocks where the intrinsic value is much higher than the value perceived by the market and reflected in the current stock price. And this is one of those stocks where the market has mispriced the stock IMHO.

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