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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 11, 2024 3:18pm
87 Views
Post# 36357327

It's not a company PR problem Du-fus. It's not

It's not a company PR problem Du-fus. It's notknowing what's going on with B Faso's dictator. It seems the civil service/ministers put in place by previous governments has been acting in a resonable responsible manner. But big daddy junta may very well feel different and perhaps being in power for awhile now,, and with the price of gold being where it is, he is ready to do what he wants. Either to enrich himself, or just as likley he holds a CNBC marxist attitude that his country has been victimized by the west, those that have evily invested billions of dollars into his county to discover and economically produce gold for a cut of the take. Either way there is a very real possiblity that the companies (us shareholders  (are severly F'd)
OR MAYBE NOT.I DON"T KNOW. Do away with this threat and even with our incompetant management that has destroyed shareholder through a blizzard of dilution. Because of gold being 2600 oz Almost 4000 oz Cdn and the fantastic nature of the mine/proerty, even with 520 shares outstanding---the fact we will be at 170,000 oz in a years time and 250 a year after that. The instrinsic value of the stock is 3 times current shareprice. It's a gamble, is't risk vs reward, I don't know what's going to happen. But there is downside risk, as there is great upside potential. If you have any insight into the Junta leaders thought process feel free to enlighten me.
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