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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

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

Comment by dutchman65on Dec 07, 2020 3:56pm
103 Views
Post# 32051493

RE:RE:RE:RE:RE:RE:More of the same

RE:RE:RE:RE:RE:RE:More of the sameYou are correct.  I did find that one, but a 'penny stock' type sale with a pretty distressed asset, where Mandalay did them a favor banking on higher gold prices.  I don't see that as a strong reference. I would like to see something on the management's history where they made some strong M&A plays or have led the effort for construction/finance. I just don't see it in this team.  Nice project, just needs new board and management from looking at the history.  Since the company is mostly owned institutionally, one would hope one or more of them would step in and take the reins?
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