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Orezone Gold Corp ORZCF


Primary Symbol: T.ORE

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 drunk@noonon Jun 21, 2023 10:00am
150 Views
Post# 35506990

lumpy: It was the financing to build the mine that destroyed

lumpy: It was the financing to build the mine that destroyedshareholder value. I broke it down with several posts  years ago, when the financing took place. The shares are down to from the day the finacing was announced. Years have gone buy, the mine was built and operated as expected as it was as the property has always been golden, given the low cap ex, and shallow orebody,  with as simple low cost processing. Yet the same mindless cheerleaders from many years ago attacked me, and here we sit, with a fantastic property and not a cent to show for it.  Hip Hip Horaaaa!
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