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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 Rawcolton Feb 19, 2015 10:45am
161 Views
Post# 23443334

RE:RE:Price

RE:RE:PriceI want to thank the poster who turned me on to TGZ on the EDV Board. Can't remember.

This is by far the best gold company to invest money in the entire world. Huge reserves with high grade. NO DEBT WITH $50 Schmill on the books and now adding 25 Schmill a quarter at $1200 gold price. Now with Oil Collapse how much will they make the next quarter.

My two concerns are Africa - but this is a fairly stable region all things being said.
Scecond concern, and its a biggy, is that this company gets taken out for shares of another gold company for around a $1.00.  I only want a cash offer of at least $2.00! ... And that is still undervaluing this company's balance sheet and tremendous assets.
Bullboard Posts