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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 Jul 22, 2024 11:24am
166 Views
Post# 36142709

As bad a management is, destroying shareholder value

As bad a management is, destroying shareholder valuewith continnued nonstop dillution, the biggest risk here is country risk.  Given the fantastic property and a $2200 plus gold enviornment, the bombore property will yield many more shallow high grade pits, which can be haulted to the current infrustucture giving us a couple of decades of 200,000 oz production. In the end management put a ceilding of $1.50 on what should've been a $3-5 dollar  stock. BUT COUNTRY RISK IS REAL.  Will the gov't continue to be reasonalbe to the mining sector, or will they look to enrich themselves. 
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