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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 Oct 13, 2016 3:11pm
133 Views
Post# 25340674

RE:RE:Teranga Gold Closes Acquisition of Gryphon Minerals

RE:RE:Teranga Gold Closes Acquisition of Gryphon Minerals
i8email

I will confine myself to one part of your post; `increased share count'.

If you ignore the math that must substantiate the numbers given in the Company news release, you will see dilution only. On the other hand if you apply the additional gold reserves, (that accompany the added shares via GRY M&A) you will see share value has also increased.

I'll check back later, when time allows; hopefully you will have read my post and responded.
Bullboard Posts