Orezone Gold Corp T.ORE

duediilligence: If you were capable of doing DD and had.....

[drunk@noon]

a grade 6 level of math, you would see the blizzard of dilution already took place with the worse financing package to build a mine I have seen in my decades of investing. HE HAS ALREADY DESTROYED VALUE WITH AN OBSCENE AMOUNT OF DILLUTION. So why are you trying to tell me, he tries to avoid dilution. It has already been proven, it's a done deal, shareholder value was destroyed. Do some DD.

[Duediligence33]

It was a  necessary prerequisite for Bank approved debt to include some " skin in the game "dilution for early non cash flow projects as you may understand if you have years of investing  knowledge. I'm.sure the CEO would prefer a non dilution debt package for Phase II sulphide and may get that as the free cash flow is impressive already. I urge you to buy now before the re

[mrsly0]

orezone is trading at 0.3 nav... nothing to do with any dilution...  should be at least at 0.6 nav meaning $2.60+ ... with the current number of shares. good luck

[Curbside100]

I added another 10% to my portfolio of ORE at a $1.21---

[Duediligence33]

Exactly the right metric to evaluate valuation. What financing Paddy did was to ADD shareholder value by enable the successful BUILDING of a profitable mine on time and under budget. The LNG fiasco was third party negligence and he averted worse by adding diesel promptly and cash up to hook up to the grid by end if this year. Paddy and Mike are older gentlemen and want out with as much as the

[Curbside100]

My view on the financing, as previuosly stated was not needed as they had loads of cash and production and margins were better that budgeted --I spoke to Paddy directly about my views which were not isolated ----Other than that, its getting readt to roll 

[cordillon]

So if you spoke to Paddy directly about this, what did he respond?

[Curbside100]

Let me say Patty has done a great job --he was not happy about being questioned  and stood by his decision since he made it  and justified it stating he needed the money for the power line ( even though Ore had  money in the bank and he knew production and margins were better than expected when he made the decision} -- I said not every decision you make is correct? He kinda said