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Orezone Gold (ORZCF) is an emerging gold producer, developing its Bombore gold project in Burkina Faso. As can be seen in the chart below, its shares are pretty volatile, bouncing between $0.2 and $1 per share over the last 5 years. Right now, the market capitalization of the company stands approximately at $110 million, with enterprise value around $80 million. It is not too much for a company that is about to start building mine with an after-tax NPV(5%) of $361 million ($434.7 million at the current gold price).