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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

Post by lumpy13on May 17, 2023 5:02pm
221 Views
Post# 35453373

Just bizarre

Just bizarre
ORE reported 1Q23 earnings of US0.07 and the stock price has fallen.  It is trading at a 4x PE if 1Q23 earnings are annualized.  All my gold stocks are getting battered as market sentiment is lousy.  I've taken the opportunity to increase my holdings of ORE, IAU and SKE (which has dropped over 30% in recent days due to a large PP - but at least done without any warrants).  

 
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