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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 robey743on May 17, 2016 11:44am
380 Views
Post# 24881141

RE:Article: TGZ on takeover target list

RE:Article: TGZ on takeover target listI believe most investors know that TGZ has been a takeover target for some time.

And with a proposed TGZ M&A (takeover) at present time, what would the results be? Certainly the offer would be above present share price; but minimal benefits to shareholders, even with a 100% premium.

With the recent Q1 Report and the projected, positive, upcoming Q2 Report, current TGZ share price should/could be 100% higher – I say this with the knowledge of the numerous, undeveloped discoveries outside of the Company’s developed projects; I refuse to believe all of those undeveloped discoveries will prove to be duds/losers/valueless.

Hopefully, if a takeover offer is made for TGZ, (regardless off the amount offered) shareholders will react with a logical, intelligent reply.

JMT

Bullboard Posts