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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 Oct 12, 2015 10:14am
162 Views
Post# 24184411

RE:why not share buyback?

RE:why not share buyback?
ruffus23 wrote: With cash on hand and a lousy share price why doesn't tgz use this as an opportunity to buy back a few million shares? 


They don't have that much cash on hand. Also they know what their third quarter is going to be like, so they know the share price is going to go lower once q3 is released. Gold is up today so TGZ will hit $.60 tomorrow. Good luck out there.
Bullboard Posts