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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 Goldfatheron Jun 10, 2014 1:18pm
182 Views
Post# 22646167

RE:Grandich on Gold and TGZ

RE:Grandich on Gold and TGZwell PG  keeps  mentioning  Tg  as a  take over target.... and  maybe  the Financial times  did  too  a  ways  back   (i  think)....well, w/ POG  stagnating, and  this Companies  habit  to  not publicize, I would  think MGMT  should be  worried about  a takeover..... also   see  the  SP  staying  in these levels  until year  end. Seriously,  another  Company  could  buy  TG  for under  $300 mil. Thats  85  cents, and  would probably  go  thru. Except  TG  does  have very  good  Political  connections  w/ Senegal  Govmnt.  Would  surely  be a Hostile  takeover, as mgmt  has  very  cushy  jobs  and  salaries. But  $300 mil gets  over  6  mil oz gold and a newly  expanded  Plant  worth  $500 mil. I  honestly  dont  know  why  someone  doesnt  do it now. Maybe its  W Africa scaring  them away. Pretty low  on the ideal  places  to be.
Bullboard Posts