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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

Metals & Mining Gold
Orezone Gold Corporation is a Canada-based West African gold producer engaged in mining, developing, and exploring its flagship Bombore Gold Mine (90%-owned) in Burkina Faso. The Bombore mine is an open pit gold. The Bombore mine is focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Bombore is situated 85 kilometers (kms) east of the capital city of Ouagadougou and is readily accessed by paved international highway thereby offering excellent infrastructure and simple logistics.


TSX:ORE - Post by User

Orezone Gold Corp
Bullboard Posts
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(3)
•••
Comment by porksnifferon Jan 09, 2020 11:50am
108 Views
Post# 30534785

RE:Leaving

RE:Leaving
Kyodai wrote:
Yup, this smells worse than a Burkina monkey. $16.6M cash in 2019-11-01 - and we all thought this money would cover the works in 2020...

Transparance and explanations are important for a company. We miss a lot of that right now.

But no worries - just sold off with less profit than expected. There are a lot of interesting projects out there...


Profit? All time low is about 25 cents. Pretty much every shareholder is a loser here.

Ask yourself how far would $16 million go in a place with Burkina in chaos? Until some semblance of stabalization happens or until the French come in and clean things up all Burkina gold companies will be discounted.
Bullboard Posts
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