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 > Orvana undervalued

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Comment by Thales42on Jan 16, 2022 10:57am

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Post# 34321570

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Orvana undervalued

Nergy, good to know you were a fellow LMA investor. Out of curiousity, I checked again the old PR for the LMA acquisition back in 2012 and got these numbers. LMA public share float was 53 mm and 90 mm was held by Areva. The agreed acquisition price was $3.5 Cad for a total MC of $500.5 mm CAD. When LMA was trading at 6 cents CAd the MC was only 8.5 mm Cad. $3.5 agreed acquisition price represents 58.5 fold share price increase.

Back to Lma/Orv comparison, similar to Orv I remember LMA share price was ignored by the Market for the most part of the last bull cycle and the true share appreciation only came at the end of the bull run in 2012. I suspect something similar may happen to Orv shares within the next few years

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