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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

Orezone Gold Corp > Eventual Buyout
View:
Post by cordillon on Sep 15, 2022 4:35pm

Eventual Buyout

In March of 2020 Endeavor Mining bought Semafo Gold for one billion Cdn. when gold was $1600us, making them one of the biggest gold miners in West Africa. Semafo's mine is located in Burkina Faso. Endeavour also has the Hounde mine located in Burkina Faso. In a year or two Orezone will be producing approximately the same amount of gold as Semafo, if not more. Orezone would be a good fit with Endeavour, which it could probably immediately purchase for under $2.50Cdn or for $3.00+ in a year or two (depending on the price of gold)
Comment by Curbside100 on Sep 17, 2022 3:34pm
That price its a good orice right now ---more reserves coming ---
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