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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
Post by jcjohn36on Jul 22, 2004 2:11pm
212 Views
Post# 7735649

0.88

0.88wow, you hate to try and catch a falling knife but this looks like a good time to put some low bids in in hopes of getting filled. OT UPDATE - Market offers golden buy opportunities -Goldcorp Thursday July 22, 11:59 am ET By Nicole Mordant VANCOUVER, British Columbia , July 22 (Reuters) - Cash-rich miner Goldcorp Inc. (Toronto:G.TO - News) is searching for acquisitions in a buying environment made "excellent" by a recent correction in the price of gold, chief executive Rob McEwen said on Thursday. "This in my mind is an excellent buying opportunity, the one that I was waiting for when, in the fourth quarter, we sold a number of things in anticipation of a lower gold price," McEwen told a conference call. "There has been a serious correction in most parts (of the market) and we have a lot of cash," he said on the call, held to discuss the mid-sized gold producer's second-quarter results. The results were weaker than the market had expected. McEwen said Goldcorp had no particular acquisition to put on the table now, but would continue to look at both gold development projects as well as gold-mining companies.
Bullboard Posts