Orezone Gold Corp T.ORE

investors realize the CEO will likely destroy more sharehold

[drunk@noon]

shareholder value by unleasing another blizzard of diltion to finance the expansion. Needless to say, given that they will pull in 90 mill more of freecashflow in the final 3 quarter, he should be able to finace the remember of the expansoin with debt. But of course he won't. Not after the butcher job he did with the first financing of the project. i.e the over dilution leaves the shares trading at 1.20 vs 1.80. And I called it at the times as the shares actually traded slightly higher than they do now, when the original finance package was announced. One that had no streaming  but instead a blizzard of shares and of course a convertible debt. So why buy now when more dilution will come down the line.

[Duediligence33]

Paddy and Halverson both have millions of shares and years invested to not have unwanted dilution. They have put their cash in shares and want what we all want - higher shaowerre price. If you own shares and  are frustrated then sell your shares to an eager buyer who will have more patience and foresight to the higher valuation this producing mine warrants. If you have already sold your