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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

Orezone Gold Corp > my worry
View:
Post by Curbside100 on Sep 22, 2022 1:28pm

my worry

a hostile take over at $2.00 or less ---worth way more
Comment by JAYDEE16 on Sep 22, 2022 1:33pm
Do we not have a poison pill in place? If not I don't think anyone would vote yes at that price. It could spark a bidding war though.  Someone would have to have accumulated controlling interest on the open market for that. Not easy to do with such a large float. 
Comment by hcarbon on Sep 22, 2022 3:13pm
From the time Orezone is declering commercial production the possibilty of a take over will be present. The question is, will Patric be the ceo throug the sulphide expansion or will he cash out? I think of the latter.
Comment by Curbside100 on Sep 23, 2022 11:58am
I would wait until the rest of the drill results come in and a updated resource estimate ---if  the reserves double and two full production quarters than a take over be likely ----  2023 2nd quarter is my prediction ---just get throught this rough patch thanks to Russia 
Comment by Reverand on Sep 24, 2022 12:42am
Bombore has problems with its power station.  Going to struggle until this get sorted out.
Comment by Curbside100 on Sep 24, 2022 1:07pm
need one more generator which will arrive shortly ---meanwhile still running ---4th quarter will tell the tale as they reach full production 
Comment by cordillon on Sep 25, 2022 12:01pm
Reverand, could you kindly inform us of your source for this information?
Comment by Curbside100 on Sep 26, 2022 12:33pm
not sure why I would