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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 Jul 04, 2015 10:51pm
96 Views
Post# 23892491

RE:RE:Wha Happen???

RE:RE:Wha Happen???
ts9222 wrote: You diversify? Say it ain't so :)
tgz currently under what i sold it at.

For crk, the information circular said July 2 was the deadline to opt for cash or shares so you may be too late to choose. The default choice is shares. It is prorated so people who choose cash won't get the full 37c anyway. But you are buying crk after drop from recent high. Crazy low P/E is currently half of tgz! The drop in Australian dollar and drop in oil is good for it.



Good Weezer tune!!! I sold some in the high $.70's as I was paying off some of my leveraged accounts. I now always protect my downside risk before I worry about my upside potential since running into a trouble over 5 years ago. I don't want you guys thinking you had any influence on my decisions about selling. Maybe buying CRK and EDV, but not selling TGZ and especially not pleazy. I do respect what gold has to say. I was able to move into TGZ at the bottom and catch damn near 100%. I will be back fully invested in it I believe. I just don't like how I have been told twice by IR that NR's are pending and also the CEO stated they were to be out "shortly" and that was all months ago. I also wanted to take some off the table as I believe the next quarter may be short of expectations, as I believe they were into that mucky slurry most of the quarter and had to add some more of the stockpile just to process the material and I see that as a negative. I still have a large position and I will be adding more along the way as this will be over $1.00 soon enough. I want just the same as eggy. I want a fair valuation, and that is $1.20 to $1.50 today.
Bullboard Posts