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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 22, 2024 9:36am
42 Views
Post# 36374122

Crazytimes:That's just it. There is a good chance things

Crazytimes:That's just it. There is a good chance things will be fine. I felt optimistic after hearing WAF and especially EDV conf call, and even ORE did a good job of easing concerns. If that is the case there is an easy double for both WAF and ORE. 
On the otherhand S could hit the fan. 
There have been days over the last 4-6 weeks where I have added to my position. Then big daddy coup leader shoots off his mouth and I reduce it. 
Even with the 520 mill share count management has killed us with, because of the fantastic nature of the property and the 1000 dollar increase in gold price, the financial metrics are unbelievable despite the horror-show dilution-king mismanagment.  Even short term, the next 3 quarters are good for 35,000 oz, which not only adds to the top line, but will drop AISC dramtically.
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