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Bullboard - Stock Discussion Forum 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... see more

TSX:ORE - Post Discussion

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Post by Curbside100 on Dec 12, 2023 11:05am

ounces

They need to get back to producing 35,000 plus ounces a quarter to get the markets confidence back
Comment by mrsly0 on Dec 12, 2023 5:19pm
I'm not sure I understand what you are referring to. Q3 production was as expected with the rainy season. all analysts are considering Q3 as expected and in line with the full-year guidance.  the cost for the year guidance is still in range as well. what the different analysts do care about is the connection to the power grid (i.e. the future). that should be happening any days ...or ...more  
Comment by Baserunner on Dec 12, 2023 6:32pm
This company is running on all cinders! Production going up, electricity back on ! Close to army barracks! You name it , orezone has overcome what others most likely would have go down! BUT, something or someone is wrecking the stock price with the never ending selling! It has been going on for about a year just before the warrants and after they expired. Also when the PR firm stepped away from ...more  
Comment by karead on Dec 12, 2023 7:54pm
Yeah, it makes no sense. And when something makes no sense, it always eventually corrects to the point of where it makes sense again. The question is one of timing. I've seen stocks that are undervalued stay that way for a long time. The same way that an overvalued stock can do the same.
Comment by Curbside100 on Dec 13, 2023 9:47am
Good responses --my point being that 2nd quarter was 6,000 ounces below first quarter followed by another 5000 ounces reduction in production in the 3rd quarter --41000 drop to 31000 in 6 months and all in costs jumping from $900 to$1300----there may be good reasons for this but obviously the market did not and does not like it ---so my point being this quarter needs to reverse the trend as ...more  
Comment by mrsly0 on Dec 13, 2023 9:55am
the production... "obviously the market did not and does not like it"... not that at all... see all analyst calculations and targets... you have those reports? ... and even the AI says it's worth $2 lol It is all about burkina faso... you must have missed the memo.. time, only time.... will fix this... and ongoing production and $$ generation... +++ country statiblity, return to ...more  
Comment by Curbside100 on Dec 13, 2023 10:52am
MRSLYO - I appreciate your passion however the market does not see it that way -if all the analyst's were right including AI,  the stock should not be trading at .75. To be clear I have owned this stock from the very beginning and my avergae cost is around.80.   Yes I did get the memo about BK plus the memo regarding Niger and Mali.  The most important memo I got regarding ...more  
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