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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 May 25, 2015 4:15pm
85 Views
Post# 23762148

RE:RE:RE:RE:RE:Into EDV

RE:RE:RE:RE:RE:Into EDV
ts9222 wrote: Well if you say that, then i can say tgz is a value trap as well, in my dumb opinion of course.
The tgz 4 cent earning in Q4 was mainly from high grade ore mined from Sabodala which also spilled onto Q1 from 8k oz produced but not sold in Q4 and then sold in Q1. That high grade is mined out so won't benefit future quarters. So the current low trailing P/E can be considered a value trap for people only looking at low trailing P/E in my opinion.

thefabergegg wrote: well hopefully it works out with edv, I'm of the opinion that EDV is a value trap but that's just my dumb opinion. 




@TS90210. I will have to go back and check when you and Eggy started your bet between who would win between TGZ and EDV. TGZ is winning this race so far!!!!
Bullboard Posts