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.

TSX:ORV - Post by User

Orvana Minerals Corp > Argentina devalues peso 50%

<< Previous

Bullboard Posts

Next >>

Comment by Larry60on Dec 15, 2023 5:28pm

114 Views

Post# 35787595

RE:Argentina devalues peso 50%

It should be very beneficial

BUt if history is any metric, ORV (mis)management will ruing it.

Last year the Euro hit all time lows. ORV blamed high AISC on European inflation. But what they faile to mention is that in USD, costs did not go up alot. That doesnt help you if youre living in spain, but it helps a company like ORV. Yet they mentioned the inflation without mentioning the 30% depreciationin the Euro

I dont believe they could be that inept............unless controlling SH wants them to be..