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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
Post by dildonmeon Jan 31, 2013 10:12am
180 Views
Post# 20916883

Quarter was ok

Quarter was ok

What this company needs is a  bit more noise on the street, but these people are not promoters so dont expect the stock to rally above their options price of $3 anytime soon. It is a strong biy at the 1.60$ area and a sell at the 2.40$ area as we have seen.  Took most of my profits of that senario and have done so twice. In the last two years.

folks they are still a penny stock with great risk . Management has a track record and they dont rush as the bulk of the stock is held a few large people who have time to wait it out. What can hurt these people and already has done so is that the government they do biz with can at anytime ask for great royalties from the gold they recover.

Tis is a stock to accumulate. Once it does break $3 it will run and most likely get takenover. Gt until then watch for the range I have set out.

 

now you know why the fund managers have made all their money in gold  by only buying the GLD... 

Bullboard Posts