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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 Apr 11, 2024 6:35pm
122 Views
Post# 35984451

good numbers don't help if he's about to do a nonsensical

good numbers don't help if he's about to do a nonsensicalaquisition/amalgamation, which would of course destroy shareholders by diluting our per share ownership of the gold mine that is the Bombore gold mine, once it starts pumping out 250,000 oz a year for the 15/20 years. Every sigle presentation he alludes to them making an aquistion of some kind.  What's he going to pay for it with. They need to borrow the money for phase II. By the way he acted like it was just around the corner in septemeber. Six months have gone. He said 6 months ago the banks anxious to do it. It should be a no -brainer. Gold has gone up 500 dollar US since then. That's $680 an oz in canadian dollars. Well, where's the loan?
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