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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 rogueeconon Mar 10, 2014 3:44pm
323 Views
Post# 22304313

Read some interesting points today;

Read some interesting points today; that investors with patience and an eye on the long run are looking at deploying tens of billions of dollars in the junior mining sector. This should lift the sector; and the rising share prices will likely attract various miscreants such as hedge funds, momentum 'traders', chart scryers, quick-buck punters, and other assorted quacks -- and bring about the self reinforcing loop known as a bull market. Mineweb's Kip Keen mentioned it here: ..."Private equity - on much harder terms than exuberant equity markets - is stepping into the financing gap in fair measure. It will not fill it. And certainly less bluster will pass through its gates than sometimes over-eager brokerage houses. But it provides more patient cash to an industry that requires patience (another topic of discussion this year at PDAC). Bhappu described time horizons on investments up to a decade. And RCF is a small player compared to newer money - hedge funds and sovereign wealth funds - aiming to take the sector by storm. We've heard much of the everest pile of cash sitting on the side lines in general hedge funds. $30 billion? $60 billion. Bhappu said he had no idea how much was out there, though it was significant. And while there has not yet been an avalanche of deal making, Bhappu was curious what the hedge funds would chase and what impact they would have on the junior and mining market."-"PDAC 2014: Same but different." We have all suffered the pain, best now to stick around long enough to enjoy the gain.
Bullboard Posts