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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
Post by bustarhymeson Mar 17, 2016 4:15pm
203 Views
Post# 24672015

On a More Intellectual Angle

On a More Intellectual AngleGold has stayed pretty close to 1230-1250 this quarter. Now, I am expecting solid production #s from TGZ in Q-1 with an ever lower AISC. Expecting an AISC margin of $300/0z this quarter. If they get a production # of 50,000 oz, that will be an AISC margin of $15million !! and this estimate is a conservative one.

Cheers.
Bullboard Posts