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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

Post by cordillonon Oct 07, 2021 12:58pm
261 Views
Post# 33982814

A bargain I'd say!

A bargain I'd say!I have been following Orezone for a few years and I bought 10,000 shares yesterday at $0.99. By this time next year they will be in full production with the expectation of producing 118.000 ounces a year. I believe it will be more. Their marketcap today is 323M, about one year of income. This is crazy undervalued. If the market value of Orezone doesn't increase between now and first pour, there will certainly be a buyout. Endeavour has their eye on this company. Remember they just bought Semafo a year ago, and they operate mainly in Burkina Faso. At 1.00cdn. this company is way undervalued. You can be sure buyers are closing in. Orezon is on schedule, on cost and fully financed. What is there not to like?
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