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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 Dec 10, 2024 10:14am
85 Views
Post# 36354539

Sold a chunk yesterday at 69 cents. The 4 companies in BF I

Sold a chunk yesterday at 69 cents. The 4 companies in BF I follow did a good job of downplaying risk , even ORE, after last months anit-mining speech. All four of them made one feel...hey, no big deal, even Endevour stated the gov't did nothing wrong, the thrid party was a deadbeat. Said gov't was fine to deal with. But, on the otherhand, the gov't minsters could be responsible, but the COUP leader may not be and he's the one in power could  be thinking of snatching what he can of the mines. He may be irrational/ and or corrupt.  The risk is real. Or he may leave well enough alone. The country is better off taking a 50% cut of a growing pie--and make no mistake between taxes, royalties, and carried interest they are getting half if no more---of production which is growing---look at WAF jumping to 450-500,000 next year. 
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