ORZCF - Orezone Gold: Gold Is Back In Favor But This Stock Is Still Unloved
Due to the immense volatility that is inherent in the world of mining stocks, from the point of view of forming a speculation thesis, it all comes down to risk vs reward.
The last time I covered Orezone Gold (OTCPK:ORZCF) in July 2018, the company was trading at C$0.80/share, having just released their updated Definitive Feasibility Study ([DFS]) for their Bomboré Gold Project, located in Burkina Faso. Worth noting, the spot price of gold was hovering around ~$1,240/oz at the time.
The Bomboré Gold Project
As a quick refresher, the Bomboré Gold Project