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Teranga Gold Corporation T.TGZ

Metals & Mining Industrial Metals & Minerals
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

Teranga Gold Corporation > Trish Moran
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Comment by kkkrrron Oct 20, 2017 1:31am
241 Views
Post# 26835143

RE:RE:Trish Moran

RE:RE:Trish Moran
maybe not management is the problem here ..maybe its just the overall quality of the projects...

but there is upside at both Sabodala AND Banfora...    

let me explain: capex of Banfora is nrea 230 Million USD ... let them find more satelite deposits and upgrade some resources anthe the minelife will go up by several years....
this will leeed to an much better IRR down the road because the plant isalready  there... I'am sure they will find more gold around banfora...

i'am sure TGZ has a good future and the stock is cheap currently ....   the downside is limited here with halb of production hedged above 1300$ POG....
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