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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

Comment by Nergyon May 27, 2022 3:46pm
137 Views
Post# 34713237

RE:RE:RE:RE:That's one helluva purchase on the open market by Juan

RE:RE:RE:RE:That's one helluva purchase on the open market by JuanI've probably never seen a stock being bashed this hard by basher totally unable to grasp the financials and technical reports provided by the company. 100% of the focus is on the AISC, that is very exagerated compared to how other junior mining companies choose to report their cost. The company is doing a lot of development, with CAPEX around 5MCAD/quarter. This company has the last year provided us with drilling results and resourse updates, with a path for 15 years of production around 60koz/Orovalle, 8 years with around 50koz/year from EMIPA and probably at least 20 years with 50koz/year from Taguas with more to come.... This development is associated with some costs!!! Instead all focus is on high AISC at Orovalle when they have had logistical problems, record high energy prices and are mining material significantly below mine plan, and at the same time are running costly development programs on three fronts. Please wake up and see the long term plan. By the way how many dilutions have we had the last decade?????
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