Orezone Gold Corp T.ORE

Alternate Symbol(s): ORZCF

Metals & Mining Gold

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.

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Orezone Gold Corp > cibc initiates coverage... first target $1.50 gold at $1400

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Comment by mrsly0on Jun 10, 2020 9:26am

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Post# 31132567

RE:RE:RE:cibc initiates coverage... first target $1.50 gold at $1400

this is key... good luck

mrsly0 wrote: gold at us$1700 would currently mean a target at $3.00 as per the report methodology, etc...
not sure the board is interested in any deal below $2.50 per share... add the cash in the bank account too.

gold at $us3000 would mean stock target $9.50... this is juste to give you an idea... all far from the current stock price... sonic boom soon?

the report also indicate orezone as a takeover target, located in a safe zone of the country, etc...

good luck

Banner60 wrote: I would take $1.50. This is a great situation. Lots of cash. Rising price of gold. Big producers looking for opportunities. Let's hope CIBC is right.

fidrock1991 wrote: Can you post the CIBC Coverage