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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

Post by 05RfidRichon Mar 08, 2018 8:58pm
179 Views
Post# 27688131

80 cents to $1.00

80 cents to $1.00It has taken 40 trading days to get above $3.00 to say $4.00 . By my calculations that’s a 30% gain since November 11 2017.
Every day that David only buys small amount like 3300 shares at $3.70 (March 6) he will have to pay more per share to get to his 5% increase this year about 5 Million shares( about 2.9 million to go). That ok for me because not only do we have a friendly buyer but we also have a lot of great things happening in TGZ as been pointed out in the last presentation. You have got to like the volume of Friday 864K , Monday 369K without David’s participation. March 6 when David did buy 3300 shares the volume was over a million shares traded. Yes there is other interest in buying TGZ shares and I believe this is an opportunity of a lifetime to make good money in the gold market. Now, only time will tell , but it is conceivable that we could get to $5.00 faster than we got to $4.00 . That may only be a 25% increase from here but that’s the same as going for .80 cents to $1.00. GLTA
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