Orezone Gold Reports Fourth Quarter 2025 Results and Provides 2026 Guidance

Orezone's Q4 results matter less than what's happening in the physical market right now. Gold holding above $4500 tells you everything about supply constraints and institutional demand. Mining companies can report whatever they want, but when spot stays elevated like this, it's because there's not enough metal to go around. The real story isn't in quarterly earnings - it's in COMEX registered inventory sitting near historic lows while central banks keep buying. Miners are price takers, not makers. Focus on the metal, not the mining stocks. Physical gold at these levels means the market knows something most people don't.