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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 Piperdownon Apr 30, 2015 9:20am
48 Views
Post# 23679799

RE:RE:rerate

RE:RE:rerate
thefabergegg wrote: Need another Q of similar results then it can't be ignored (gold price higher or not) and positive news from the drill bit. 

we run from here (at min flat) as a lead up to the AGM.

I'd like to see some insider buying to help support the stock. I'm looking at the ownership of some the insiders and CFO needs to own more than 10,000 shares ($6,400) from his own money - I get that insiders gets options, RSUs/DSUs but c'mon eat your own dog food - when you tell the market that your company/stock is undervalued then buy - no ifs and buts about it that goes for all of them. 

Just my two cents (or 5 cents - am rounding up now)




marketsense wrote: Has to be a rerate here soon as the old P/E ratio is garbage.  At a fwd earnings of .16 cent
annualized TGZ  would trade at $1.92(12x.16=1.92)  More conservatively,  at 10x earnings
you get 10x.16=1.60.  This is just on Sabadola alone and not incuding anything from Gora
The only wild card here is the price of gold.  I see only upside here and am willing to wait.
Good luck to all still on board.





Couple more things I forgot to touch on from your post. I also agree with about the insider buying. Looks like you have your 1st question locked for the AGM. I can't wait to see you up there at the festivus tree of truth. Christmas in May is coming. Will the golden one be giving out the "TRUTH" this Christmas??
Bullboard Posts