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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Bullboard Posts
Comment by ryanlaston Dec 22, 2015 7:31pm
159 Views
Post# 24406504

RE:Hello to the new crop of optimists

RE:Hello to the new crop of optimistsWe're obviously of different opinion. I personally welcome the Mimran Group and hope they continue to buy. Just so you know there Treetop you dont become a Billionaire buy investing blindly. Im sure you dont consider them blind. They are the second largest employer in the country. They are involved in many diifferent industries and they are very bullish on gold. So who knows maybe they could be looking at buying the whole project. If not im sure their shares are in strong hands. I agree that the company has underperformed but there is huge value here " I see it " and so does the Mimran Group which is filthy rich. Over 700 million dollars has been spent at Sabodala so far and the company is worth 188 milion. Which is crazy but thats what a four year bear market has done. However  In 2016 the company will probably produce around 240-250K at $900. Thats huge this company is cheap. When gold resumes its bull run and it will TGZ will be trading multiples of where it is. I see very little downside here and I agree will realmodgil this gets taken out in 2016.  
Bullboard Posts

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