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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 lumpy13on Jul 07, 2023 3:53pm
135 Views
Post# 35531514

RE:This is a very strange trading stock

RE:This is a very strange trading stockArguably the stock got ahead of itself 3 years ago.  But it is also indicative of so many junior mining gold stocks.  What makes ORE special is that it's in production, doing well and will increase gold production.

The big issue is macro.  Gold stocks have fallen out of favor and producers like ORE are becoming value stocks.  A lot of my pre-production juniors are  down signficantly in recent years.

I have a large position, with nice profits (as I bought in early) and letting it ride.  I side little downside risk.
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