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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 kareadon May 31, 2023 2:55am
157 Views
Post# 35471697

RE:Is ORE caught in the gold mining stocks down draft?

RE:Is ORE caught in the gold mining stocks down draft?Certainly that's part of it. But it still doesn't make sense. The only thing I can find is that there were a bunch of optiions exercised recently around the $0.80 mark I think it was, and if they wanted to take profits right away, there just aren't enough buyers out there right now. So they keep selling into the bid, so that drops the price more than normal.

But by anybody's standard, this is pretty cheap right now. That's not to say it can't get cheaper.
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