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Teranga Gold Corporation T.TGZ

Metals & Mining Industrial Metals & Minerals
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

Teranga Gold Corporation
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Comment by 99999goldon Jan 29, 2015 8:28am
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Post# 23376079

RE:TGZ

RE:TGZ
JEN9 wrote: 
 I was reading the year end report for 2013 and saw this below: Key assumptions -- gold spot price per ounce of $1,250, light fuel oil at $1.15 per litre, heavy fuel oil at 98 cents per litre, U.S./euro exchange rate of $1.325. Is it good the US dollar is stronger and Euro is weaker or is it bad ? Also...99999...... Thursday is the conference call...


lower usd/euro and weaker oil is good for the bottom line of TG. The mine runs on oil and I believe that's purchase in the local currency which is peg to the euro.

I'm looking for the 2015 forward guidance with the above assumptions and 1200 gold. 




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