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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 lumpy13on Jul 07, 2023 3:53pm
106 Views
Post# 35531514

RE:This is a very strange trading stock

RE:This is a very strange trading stockArguably the stock got ahead of itself 3 years ago.  But it is also indicative of so many junior mining gold stocks.  What makes ORE special is that it's in production, doing well and will increase gold production.

The big issue is macro.  Gold stocks have fallen out of favor and producers like ORE are becoming value stocks.  A lot of my pre-production juniors are  down signficantly in recent years.

I have a large position, with nice profits (as I bought in early) and letting it ride.  I side little downside risk.
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