Orezone Gold Corp T.ORE

DD33: because I'm furious about the mine financing being

[drunk@noon]

bothed. Would've made a quick 80% by now. But the blizzard of dilution that went into the mine fanacing was beyond belief when given the fact the CEO spent 6 months beforehand bragging about the great finance package he was putting together. When the fincing was announced the shares plunged and never recovered. What is worse is the property is fantastic, as 250-300,000 oz low cost production was always in the cards, Think of the NAV at that and compare it to what he issued shares at, especially considering most companies would've done 40% debt, 30% streaming and only 30% shares. That's the difference between the shareholders losing money over the last 2-2.5 years and a nice fat payday.

[Duediligence33]

I understand now that you do have a point My apologies But Lets move on from here if Pat Downey erred he will surely want to exonerate himself for all concerned. He retirement and that of Mike Halverson hang in the balance. He told me this will be his swan song sale. Dalradian was a success he sold previously 

[Curbside100]

Not sure thats true as I did a PP on one of his projects in Columbia