Teranga Gold Corporation T.TGZ

Share Consolidation...

[auburn2]

The company is consolidating solely to improve the share structure. There's nothing negative about this consolidation. The question is if they are going to need to do one more financing before Banfora is built. At $1300 gold, they don't need to if they can secure decent debt. It's a buying opportunity. Panda is right about the key to making money in stocks. Pick names that offer a good margin of safety and don't get scared out of them.

[bid1949]

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[JEN9]

You  know Bid, Its one of the reasons I wonder why I ever tune in at all to these message boards   when I hear some ignorant statements like this spewed out.... Really you should be ashamed of your self.. Panda is great and i love his commentary....doesn't mean he is right or wrong....just means he is worthwile to listen too....I guess thats why I come back...somtimes there is

[rationalexuberance]

When it comes to the share consolidation, it seems TGZ is stealing the playbook from Endeavor.  In Dec 2015, Endeavor announced a 10:1 share consolidation  and since that time, the stock is up 250%. Same thing could happen to TGZ.

[jg75123]

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[BUHOMAIDMAN]

A reverse split or share consolidation however you want to think of it , will  say using   5:1  not change the market cap whatsoever but will  create a more attractive  stockprice for Teranga  at around 3.80/sh or there abouts, right up there  along with BTO and other junior minors. From here the possibilities are endless. Its a great company with a positive