Orvana Minerals Corp T.ORV

News April 15/2021

[xyz_trader1]

Apr 15, 2021 08:00 am ET

Orvana Announces 2nd Quarter Production of 14,197 AuEq Oz & Provides Exploration Update

On Track to Meet Annual Production Guidance Year-to-date Exploration Program at OroValle Confirming Upside & Potential Mine Life Increase 5,000m Drilling Program Underway to Expand Taguas Project Resources in Argentina Undergoing Final Quality Assurance Testing of Oxides Stockpile Project at EMIPA, Bolivia TORONTO, April 15, 2021 /CNW/ - Orvana Minerals Corp. (TSX: ORV) (the "Company" or "Orvana") today announced production results for the second quarter of fiscal 2021 ("Q2 2021") and exploration results for the first half of fiscal 2021 ("H1 2021") at OroValle, Spain.

[maurizion]

Ya investors are lovin it. Gold up nearly 2% today and this dog down 6%

[SmilinJuanG]

Cant wait for Gandork's spin on SmilinJuanIJustTookADumpYa taking another dump on long suffering shareholders........................... Do da Bolivian controlling sareholders have no honor????  No shame??? Do they even have brains????

[NostradamusII]

Nah, not a strong report, and short term puts some weight on the share price but I don’t think it is gonna matter that much in the slightly longer perspective. Cash flow from operations will still be positive even for this crappy quarter. And yes, AISC will go up significantly, which some people on this board will nag about when the financial report is released, however, this is not of that

[checkmate28]

NostradamusII   I agree. Short term hit but a buying opp. Compared to the past, they will have their 2nd Q with no hedging and the high price for copper and gold.   Good chance the Q was affected by Covid Protocals.  The financials should tell us Qrvana is now a profitable producer pointed to  a much brighter future as they now have the cash to exploit the

[Nergy]

The production was lower due to lower grades in the mined materials 15% lower than last quarter and mine plan. Looking forward to FY2022 when the ore grade increase 10% compared to FY 2022. They will show a stellar Q2 report, when the unsold products from Q1 is included in the financials. It's also worth to notice the inferred resource base with higher grades that they are building and the

[ganndolph1]

checkmate28, (Kitco News) - Orvana Minerals (TSX: ORV) today announced that the company produced 10,785 ounces of gold and 1.355 million pounds of copper during the quarter ended March 31, 2021 (the company’s Q2 2021 fiscal year) at its OroValle mine in Spain. Notwithstanding the fact that production of both gold (-11%) and copper (-5%) was lower compared to the corresponding period of