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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

Comment by marketsenseon Jul 27, 2017 11:54am
153 Views
Post# 26516723

RE:RE:i don't want TGZ's cash

RE:RE:i don't want TGZ's cashTotally agree.  TGZ requires all their cash for Banfora and operating capital.   The best dividend
is share appreciation which will come in time but I also agree it is a very frustrating hold right
now.  Gold has been trashed for so long by so many and of course the latest boondogle was the
"for sure anticipated int raise by the FED"  which failed to materialize.  This has caused a manic
like swing in the POG and a manic like swing in the emotions of traders.  It's turned off a lot 
potential investment in gold and confused a lot of investors.  Most investors like trends and/or
break out situations to feel more confident that their investment has some legs.  Gold and oil
are both very tough markets because they lack trend but the counter-intuitive approach is a
pretty good one to use for taking advantage of the manic volatility.   I think TGZ will have it's
day and it will make most holders happy and some holders very rich.  That often used word
"patience" is easy to say but so hard to do will pay off here in the end.  GLTA
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