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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

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Post by Curbside100 on Aug 17, 2021 1:32pm

yikes

????
Comment by Duediligence33 on Aug 17, 2021 1:56pm
When they pour Gold next year and more resources have been added from the ongoing drilling at P 17 we will see over $ 3.00. Downey and Halverson know this but the market has yet to assimilate this project accurately
Comment by Curbside100 on Aug 17, 2021 2:50pm
Not sure about the market  properly assessing the pros and cons of ORE----Typically companies building a mine - especially first mines will hibernate until operations are nearly completed as the markets are assuming hiccups in getting a mine going -----this operation is quite simple compared to other mines --today looks like a American based seller needs to sell ---- you never know but ...more  
Comment by hcarbon on Aug 17, 2021 3:43pm
yes, one month to comercial prod from first pour! Ore has held up pretty god in spring/summer but no we some weakness. The risk is a broader crash 10-15% in SP500, that will bring down pog and miners. But then FED will stop talking about taper and rising rates! At that moment the next bullmarket starts in gold and miners.
Comment by JAYDEE16 on Aug 17, 2021 3:59pm
This is all morgan stanley protecting capital.  I have seen this house 053 completely bail for no reason at all in many stocks before.  The pullback from the 3 weeks we spent at 1.50 is way overdone now. There are also some shorts who have a great opportunity to cover so we should pop back up nicely. 
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