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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 SGCGRIMREAPERon Aug 08, 2017 9:16am
4144 Views
Post# 26555450

RE:Good point.

RE:Good point.Young and Moran get an "A" for effort but a C- for results.

They do a lot of promotion but it's apparent it does much good. There's only been one Analyst on quarterly conference calls until the most recent when there was two. Young use to sign off saying they must be busy. No, Young, it's because the street has been burnt more than once are your previous forecasts and while you have done a good job expanding assets, there's still a sense you will mess it up again.

That's why having the billionaire shareholder go on record would do wonders for confidence. But let's also realize he may not want to. Why? If his motive is to eventually take us out, he's better served with the share price floundering. Only if he's looking to sell out like us does he want to see the maximum share price. My hunch is he doesn't need to sell for profit but he wants this to become part of his business empire in that part of the world and that's why he has been silent up until now.

And guys like Young stay entrenched in these positions and don't own enough shares to want a takeout now at the old high - something I think most here would jump at the chance for. That's' what sucks in the metals and mining game- these guys make these companies their personal bank.
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