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

Orezone Gold - The Perfect Call On The Gold Price


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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
Annual subscriptions may be cancelled for any reason within the first 30 days and receive a full and prompt refund. Details