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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 Roro1on Feb 05, 2014 1:03pm
248 Views
Post# 22175241

RE:RE:RE:RE:What's going on

RE:RE:RE:RE:What's going onIn my opinion - IMG is part of the ultimate equation for TGZ. IMG is it's big neighbor, and IMG certainly could use TGZ  for expansion. Recently IMG alleviated its dividend, in part, in order to support expansion during the downturn in gold. As good as OLE and TGZ looked together before the merger; now IMG and TGZ look like the next wedding partners. Again, just my opinion .  

Also, I'm not overly concerned about the small drop in TGZ. The price has almost doubled recently, so there has to be some profit taking somewhere.  Certainly, I'd rather see it go straight up, but this is not unexpected. Hopefully the good press will keep coming. Best Roro
Bullboard Posts