Teranga Gold Corporation T.TGZ

Fundamentals....

[akm3736]

I had the opportunity to speak with Trish, investor relations. The GDXJ issue is beyond Teranga's control and affects more companies than just Teranga. the fundamentals are solid and will sustain the growth. Claims on management paying themselves handsomely are ill founded.... see the just released MIC and management compensation table. Although MIC does not show comparison of compensation comparable to similar companies, the compensation is on the low end. Teranga compensation went down with no bonuses in 2015 compared to 2014, due to shift in performance from q4 2015 to q12016. 2016 compensation has an increase but similar amount to 2014, while 2016 performance significantly exceeded from 2015 in terms of cash cost and AISC. Mimran's investment is at much higher levels, eliminating the perception that Mimran is aware of insider information. The only concern might appear that he is listed as an independent director, while he has substantial holdings. To alleviate negative perception, should Mimran recuse himself as independent director? I have no evidence to believe that Mimran is influencing the Board and management considering he is under water. There is a suggestion that cash should be used to buy back shares. The CFO/CEO need to probably explain at the AGM the near term use and generation of cash.... perhas buy shares back at hese cheap prices and then raise funds when actually needed assuming fundamentals will prevail to shoot the stock price (and valuation) in line with peers. I was convinced so continued to hold on for 4 years and will continue to add. I added today at $0.7.. Do your own (objective) due diligence and to those bashers, please explain your logical rationale for negativity rather than the shallow emotional reasons. Good luck to all.

[SPACEDOC]

This post has been removed in accordance with Community Policy

[someday2]

Hey SPACE......your old buddy is impressed. Lex Corp News Letter‏ @LexCorporation  3h3 hours ago More Teranga Gold-TGZ.to Gold Producer with Growth and Free Cash Flow. Bargain Hunting Today- Strong Buy https://s1.q4cdn.com/851853033/files/doc_presentations/2017/04/European-Gold-Forum-Podium-Presentation-FINAL.pdf …

[auburn2]

Spacedoc, what's better than TGZ at 68 cents?

[JEN9]

You guys make me laugh....I know its hard to see  .68 cents....but really can't you just turn off your computer for a couple of months and then take a peek....I mean its the classic buy high and sell low.......when nothing really has changed ........but the price........people are willing to buy at 1.40 and are willing to sell at .68......who do you think is buying now ? and yes it might

[spiderhab]

I agree 100%. The GDXJ may still put some downward pressure on the share price for a while longer but value investors step in when this happens. It may still take some time but this stock will be higher in 3 months time even if the price of gold drops 5-10%. I used to own it a while back and have been watching it. I'm going to start adding next week - it may go down for a while but I'll

[someday2]

TGZ at 50. SPACE is no dummy and he may end up with regrets. My respect for him just ramped up. I bet he's thinking the sell in May deal again. Imagine buying this now with a 5 to 1 just around the corner with a typical Summer ahead. I am not getting even the smallest twitch to buy. Reason -- RB. Even at 50...not buying. They can take the rollback and sholve it up their effen ar se. Never

[auburn2]

What does RB mean?

[ruffus23]

Roll back. Share consolidation 5:1.

[auburn2]

But the rollback changes nothing.... I was expecting some intelligent commentary.

[onetok]

Thanks akm3736 for the update. The TGZ CDI is listed on the ASX and the listed junior gold miners here and in GDXJ are getting the same treatment as TGZ. The SP treatment is not exclusive to TGZ. There are quite a few opinion pieces about the GDXJ changes and if wish to remain a shareholder, I need to work with it. There may be more SP downside as June 17 is D-day but as with a lowering gold price

[jomby]

lowering gold price?....yet if you check,you'll see gold is up 50 dollars an ounce in the last month with tgz dropping like a stone in the same time frame.

[ruffus23]

$100million cash is definitely insurance against takeover. I could see edv going hostile or some of the big boys that gdxj will be adding who could raise funds by issuing shares to gdxj.      Crazy crazy situation!!!