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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 Dorberon Mar 08, 2015 3:28pm
158 Views
Post# 23501405

RE:RE:reading

RE:RE:readingNo one knows what it will drop to. However should everyone sell given what treanga has accomplished, i think you get shut out of buying back in. At 1100 an ounce their still building which has tons of value towards future growth. To my mind if gold drops, they still add value in exploration and development. So increasing value on the books. When gold "POPS" production can be ramped up. I think of it as building your own home. Buy the land, buy the materials etc. i paid intrest on all thing to build it. However once built the valuation was increased by 3 fold. This is a win win. When sales r down as well as labour costs you expand and recapture in the future. Simple economics. Imho
Bullboard Posts