RE:Price With the gains in gold spot price, investors can see the obvious upside to TGZ. The Q2 report may well be a repeat of the recent Q1 report, (see below) – But,,, with the addition of another $100 to the `Free Cash Flow per Ounce’
."Teranga Gold Reports Strong Free Cash Flow per Ounce of $144 Driven by Record First Quarter Production
T.TGZ - April 28, 2016"
If you, (investors) are current with Company news, you are aware of management's stated priorty on drilling and exploration to increase `reserve' and `resource' numbers. Q2 Report may contain results from recent drilling on a number of known resources that are in early development stage - Q2, to date, is only half over; still time for lots of drilling and analysis, prior to end of Q2.