These days, it isn't easy being a gold company with projects located in Burkina Faso. Particularly, if you're a gold developer looking to secure initial CAPEX funding so that you can attempt to put a new mine into production, located in Burkina Faso.
Recent Financing
Enter the dilemma of Orezone Gold (ORZCF), which most recently announced a most disappointing equity financing, raising ~C$20 million in proceeds by issuing a new batch of shares at C$0.54/share (much closer to 52-week lows than highs) and also having to bite the bullet and do something that