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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 auburn2on Nov 17, 2017 9:57am
164 Views
Post# 26983126

RE:RE:News!

RE:RE:News!
kkkrrr wrote: Endeavour has a clear priority...putting all their projects in a box with minelife >10 years AND AISC below 800$  ..if a project not fit with this target they sell it...    possibly they will sell itsaTabakoto-mine in 2018 because this mine has AISC around 1000$

..so teranga is not a target of EDV because the AISC of Teranga's projects are higher....

i bet Teranga will buy Sarama down the road for Bondi (400000 oz) next to Golden Hill  and a lot of other exploration properties in this area ... Samara is very cheap now (marketcap below 10 million$)...     Golden hill + Bondi combined would be enough for a mine and this after 1 year of exploration... this is a really great developement for TGZ....


https://investorinsight.canningspurple.com.au/home/gryphon-minerals-high-grade-drill-results-phase-2-drilling-banfora

Banfora has attractive intercepts. You can't tell a project's economics by looking at the intercepts alone unless you are a very experienced economic geologist. It's all guesswork at this point. Banfora is quite a dud of a project IMO in spite of what were attractive intercepts.
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