RE:RE:RE:RE:RE:RE:RE:RE:Q3 Production #s 2fast4ul,
YES, not only quite good, but outstanding!!!!!! and SERIOUSLY GOOD!!!!!!!!!!!!!
In fact,
- the Fiscal Q3 gold production of 26,761 ounces represents a RECORD HIGHEST quarterly gold production level,
- this production level is higher than the June 2007 quarter when Don Mario sold 23,771 ounces when Don Mario was processing 11.56 g/t ore at its 700 tpd plant.
- Back in 2007, gold sold for $650 USD per ounce, and ORV.TO traded at $1.12 per share.
Today, Orvana stock is trading at 19 cents with the price of gold double what is was in 2007 and today, Orvana has two mines running at combined throughput of 3,848 tpd with gold recoveries at 92.1%-the highest ever, and gold head grades are running at 2.62 g/t which is the highest combined head grade since the El valle mine achieved commercial production.
The ironic part is that it seems most people don't want to buy a stock when it is on sale at its lows, but would rather pile in at the top when they think that the price is going to the moon!