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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 Duediligence33on Jun 14, 2023 4:41pm
147 Views
Post# 35496804

RE:investors realize the CEO will likely destroy more sharehold

RE:investors realize the CEO will likely destroy more shareholdPaddy and Halverson both have millions of shares and years invested to not have unwanted dilution. They have put their cash in shares and want what we all want - higher shaowerre price. If you own shares and  are frustrated then sell your shares to an eager buyer who will have more patience and foresight to the higher valuation this producing mine warrants. If you have already sold your shares then why spread FUD to current shareholders - unless you want back in at a lower price in which case your comments are not informative but manipulative. The financing of the mine was reasonably done given the market conditions for junior gold producers. Built on time and under budget. After power hook up to the grid there will be much more cash flow and interest to buy out.
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