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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

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

Bullboard Posts
Comment by porksnifferon Jan 30, 2020 8:49pm
93 Views
Post# 30622819

RE:RE:RE:RE:ORE feeling the effect..

RE:RE:RE:RE:ORE feeling the effect..
dutchman65 wrote: Agreed, but conditionally.  If they couple with the major debt raise or a partnership (access to +$100M) within the coming 2 to 3 months then we will see the share price go up.  if not, they are going to have to announce yet another delay for first production, which will likely tank the thing for good.  Crossed fingers they will get the debt in line so they can move ahead. C$20M plus the treasury is not going to allow the company to make the commitments that need to happen now if they are going to meet their projections.


Oh don't worry, if you have access to presntations in the early to nid 2010's the project should have been completed 3-4 years ago. Never believe anything you read with these companies. This isn't Bell Canada you're investing in but just a hope and prayer that gold prices remain firm with almost unlimited supply of capital. Management blew it here with many blunders along the way, we should never have gotten to within a shovel of development, this was suppose to be sold 5-6 years ago. But here we are, trying to build a mine that is equal to 5 times market cap. Good luck
Bullboard Posts