The Investment Doctor
Long/short equity, value, debt, base metals

Orezone Gold - The Perfect Call On The Gold Price

Introduction

In this article I'll have a closer look at Orezone Gold (OTCPK:ORZCF), which was the spin-off after Orezone Resources was bought out by IAMgold (NYSE:IAG) in 2008. Orezone continued to explore in Burkina Faso, and is now aiming to develop its Bomboré gold project in the country.

I'll start with providing a background of the project and the PEA which was completed to determine the viability of Bomboré. Thereafter I will play with the inputs of the PEA to see how the NPV of the project holds up using different gold prices and production scenarios. Subsequently I'll discuss the additional exploration potential which could increase the mine life at Bomboré.

Before reaching a conclusion in...

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