Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:ORE - Post Discussion

Orezone Gold Corp > $3.35 per share NAV @ 1750 gold and no further dilution
View:
Post by drunk@noon on Nov 15, 2020 12:06pm

$3.35 per share NAV @ 1750 gold and no further dilution

I would triple my position tommorrow if I wasn't expecting further shares/warrants to be issued along with the debt raise. For those who believe otherwie, why would this not be your largest holding by far/
Especialy given even a .4 nav valuaiion leads to a  $1.34 shareiprice. That would've been a 50% upside from the 90 cents the shares were trading at last week. Wish I was as convinced as you, that their would be no dillution, maagement has stated otherwise..
Comment by hcarbon on Nov 15, 2020 12:31pm
From MD&A june 30 2020. 2. Project Financing The Company reached an agreement with a syndicate of three banks on a non-binding common term sheet for senior secured project debt which was to be followed by the signing of mandate agreements and due diligence site visits before advancing to bank credit committee approval.  Befor Covid-19 they had Project financing as above! I have listen ...more  
Comment by BushWeedUp100 on Nov 15, 2020 6:38pm
This post has been removed in accordance with Community Policy
Comment by dutchman65 on Nov 17, 2020 9:15am
Can someone remember which banks were mentioned for the debt financing?  I seem to recall that they mentioned the names but cannot find it in the presentations.  
Comment by Curbside100 on Nov 17, 2020 12:20pm
Old news --they were French but not in the picture  right now
Comment by mrsly0 on Nov 17, 2020 2:01pm
please provide a link to your source... what is ir and the ceo saying about what you are reporting? good luck
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities