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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

Comment by mrsly0on Feb 11, 2024 11:17am
324 Views
Post# 35874438

RE:RE:RE:VERY PAINFUL!!!

RE:RE:RE:VERY PAINFUL!!!Some facts: First, there is no warner group in BF.  As for the Russian so-called troops in the country, they came with new equipment providing training, the same for the soldiers in BF from Egypt and Turkey, and I would assume China since the arrival of many new armoured vehicles made in China.  If you are a shareholder, say thanks to them.  When not a takeover of the mine from a Chinese company? Ah, yes, Germany also sold them military equipment recently. (see below the link to the few days old precise interview with the President of BF asking the hard questions.)

You can find more about all the new military equipment delivery on youtube.  The terrorists are disappearing, and the secured land in the north is expanding. Have you heard of recent attacks not created by the BF army themselves destroying them?  You may ask, why not acquire equipment elsewhere? Listen to the President himself in this interview a few days ago:
https://www.youtube.com/watch?v=9o_1NtPDSY8

Someone said the PR lady is hiding. What proof do you have of this? You emailed her, and she is not responding. Really?

No need to create reasons for orezone shares to be down, it's all Gold producers at large, in case you missed the MEMO, that are in the dump.  And for orezone just 20% institutions, 80% retails, the reverse of WAF, which is down too etc. Even the LARGE producers are way way down, check Barrick ABX chart.  All of them.

I suggest you get up to speed
Cam Currie: https://www.youtube.com/watch?v=zbsnU9SiHeo
and
Ross Beaty https://www.youtube.com/watch?v=OT66D031p_g

Did you know that the global cryptocurrency market cap today is at  US$2 Trillion?  US$2000 billions... That's money not elsewhere in the (stock) market (and now the ETF...)

As for orezone management and the company as a whole, they did and do what they promised, and still do. Management is not really concerned about "retail day-to-day trading" since they have so many shares and never sell, they keep spending money acquiring more and paying to exercise their options; their goal is a takeover, not a trade.
No need to issue a single share for financing phases II, III.  Imagine how bad it could be if orezone had to give equity at the current gold producer market timing. That's how the previous orezone sold essakan to iamgold back then, bad management + bad gold price timing, at least they managed to retain all the remaining properties under prospection and this is how bombor proved to be a great asset and still more drilling coming in 2024/2025 expending the gold reserves.

You are upset?  The WHOLE gold sector is UPSET.  (don't worry, me too)

good luck
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