Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:ORV - Post Discussion

Orvana Minerals Corp > Price

View:

Post by greendayyyy on Feb 15, 2024 9:27am

Price

Production of 9,550 ounces of gold equivalent[1] (7,994 ounces of gold, 0.7 million pounds of copper and 20,393 ounces of silver) was 39% lower than the 15,567 ounces of gold equivalent 1 ("GEO") in the previous quarter. The main cause of the drop in metal production was lower throughput. Once again, dreadful results. We are increasing employee salaries and reducing last quarter's production by 39%. No surprise there. The company is moving backwards instead of forwards, and has been for several years.

118

Comment

Comment by JUANTOTHESTARS2 on Feb 17, 2024 3:35pm

you dont really read ORV news releases do you greendayyyy. the spanish workforce was on rotaiting strikes for almost 2 months which affected the production. the strike is over and hopefully better numbers coming up next quarter. Juantothe Stars2

Comment

Comment by yogi33 on Feb 18, 2024 9:59am

Juan...who withholds information about striking workers that results in a 30% decline in throughput and production? Orvana does. They will need to answer to this

101

Comment

Orvana Minerals Corp