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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 jicoopon Jul 02, 2020 10:24am
119 Views
Post# 31215398

RE:RE:Way to cheap

RE:RE:Way to cheap
maurizion wrote: Dividend?
Buy Gold producers?
Have you not noticed Orvana has no money cause they loose money every Quarter.
We are lucky they have not yet diluted us to death with some10 cent equity raise.



Yes, losing money is this companys corporate mission , don't you know ?

Cmon back Smilin Juan and buy some more common shares like back in March , we're actually seeing some interest.

As for dilutiing, that is something that will NEVER happens with this stock. Fabulosa will do everything in it's power to maintain their slight majority share count, so they can just keep on controlling this direction of this Company in a way that suites them , and makes THEM lots of $$$ , but screws common shareholders.
Been that way for years, just look at management reports for FY 2019 , gave board memebers and directors very hefty salary increases, above and beyond CPI , yet AISC skyrocketed out of control.
And of course, now they need money, they do it the old fashion way , BORROW , so as not to dilute the share count.

So obvious . Again, only Silver lining with this thing, share price is creepng up as do gold and copper prices.

Coop
Bullboard Posts