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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 drunk@noonon Jun 21, 2023 10:55am
162 Views
Post# 35507150

The negative thing about the video is a future acquisition

The negative thing about the video is a future acquisition destoying shareholder value once again. I can see it now, the expansion takes place, the mine is pumping out 280,0000 oz of low cost gold, and boom, some kind of brain dead aquisition once again destroying shareholder value. i.e instead of selling the mine for a premium over NAV it will be used to make an aquisition of some sort. I have seen the toad speak of this in several interviews.
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