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Orezone Gold Corp ORZCF


Primary Symbol: T.ORE

Orezone Gold Corporation is a Canada-based gold mining company. The Company is engaged in the exploration and development of gold properties in Burkina Faso, West Africa, focusing on its 90%-owned Bombore gold project (Bombore Gold Mine or Bombore Project). The Bombore Project is a open pit gold mine situated approximately 85-kilometer (km) east of the capital city of Ouagadougou. The Bombore project hosts free digging oxide resources underlain by higher-grade sulphide resources.


TSX:ORE - Post by User

Post by drunk@noonon Sep 20, 2023 2:59pm
163 Views
Post# 35645897

in his interview with mr shaved head on utube he stated

in his interview with mr shaved head on utube he statedtheir would be no dilution in the expansion financing, and also stated it was virtually line up. But I am getting a sick feeling we are going to see something includeds additional dillution at $1. This of course would be mind-bowing in that the cashflow rate of the existing production, let alone at a 270-300,000 oz run rate would make ability to pay a no brainer. And of course the per share NAV would be double the current share price,  which making using the shares as currancy at these levels a no go for anyone who has mastered grade 4 math. But the guy seems to enjoy destroying share-holder value at every chance. Is there anyone out there who has recently heard him reiterating no more dilution will take place?
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