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 ---