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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 Aug 20, 2020 1:52pm
128 Views
Post# 31434704

RE:RE:RE:RE:RE:RE:RE:Earnings out

RE:RE:RE:RE:RE:RE:RE:Earnings outGandolph, once again you paint a rosy picture of the future. Problem is , these guys have failed over and over to lower AISC , turn a profit, and get to that massive Oxide pile that has been just waiting for over 4 years now. Like i mentioned in a previous post, that nobody corrected or challenged :

By my cals, and correct me if I'm wrong, and concentrating on the copper alone, they have 2184000 tonnes stockpiled at Don Mario , of which a part is gold , 129,000 oz , and some silver , and a copper content of  41,282.6  tonnes of copper . Now I do a little simple math , take that copper amount, convert it to pounds, and I get just slightly over 91 Million Pounds of Copper .

At almost $3.00 US per lb  , that's 270 Million US $$$ sitting in a stockpile , just the Copper part, forget about the Silver and gold component.

I guess we just all have to wait and see again, 21 + years and counting now, guess another few quarters won't make it or break it now. I'd be happy with your low pp/share estimate, but I seriously doubt we will get anywhere near that, but keep trying to prove me and other skeptics here that we are wrong.

Coop


Bullboard Posts