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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 JAYDEE16on Oct 26, 2021 9:25am
141 Views
Post# 34048927

RE:RE:New interview with CEO

RE:RE:New interview with CEO

Also important to point out that at 1300$ gold they would have 90million free cash flow but at 1700$ gold 150million $ free cash, and they are free to either drill or pay back debt with it. I would assume eventually pay out a dividend.. 

So you can imagine if gold stops messing around and shoots to 2500$ they could have what 240million? And once they include the oxides in the reserves and the new gap zone results!?  300million free cash a year?! No wonder none of these institutions aren't selling a single share and the insiders are buying warrants above fair market value. 

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