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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 kkkrrron Oct 02, 2017 1:24pm
141 Views
Post# 26767147

RE:RE:RE:RE:Banfora NPV

RE:RE:RE:RE:Banfora NPV
bought back some shares of TGZ today bevcause its cheap enough now ... this stock has 30% upside from here even with an mixed feasibility-study for Banfora ....but the positive cash-flow from Sabodala will help a lot and economics of banfora will improve with the exploration update in Q1 2018...   exploration around Banfora and Sabodala will be the key for the SP ....   good decision they  hedged the half of the Sabodala-production of 2018 at 1330$ ....  

TGZ ha not the most profitable mines but its undervalued with an marketcap of appr. 250 million USD....
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