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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 drunk@noonon Jun 21, 2023 10:55am
192 Views
Post# 35507150

The negative thing about the video is a future acquisition

The negative thing about the video is a future acquisition destoying shareholder value once again. I can see it now, the expansion takes place, the mine is pumping out 280,0000 oz of low cost gold, and boom, some kind of brain dead aquisition once again destroying shareholder value. i.e instead of selling the mine for a premium over NAV it will be used to make an aquisition of some sort. I have seen the toad speak of this in several interviews.
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