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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 Apr 11, 2024 6:35pm
82 Views
Post# 35984451

good numbers don't help if he's about to do a nonsensical

good numbers don't help if he's about to do a nonsensicalaquisition/amalgamation, which would of course destroy shareholders by diluting our per share ownership of the gold mine that is the Bombore gold mine, once it starts pumping out 250,000 oz a year for the 15/20 years. Every sigle presentation he alludes to them making an aquistion of some kind.  What's he going to pay for it with. They need to borrow the money for phase II. By the way he acted like it was just around the corner in septemeber. Six months have gone. He said 6 months ago the banks anxious to do it. It should be a no -brainer. Gold has gone up 500 dollar US since then. That's $680 an oz in canadian dollars. Well, where's the loan?
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