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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 Oska1139on Aug 03, 2018 9:16pm
153 Views
Post# 28413661

Could there be a silver lining?

Could there be a silver lining?While US equity bubble continues inflating, POG will likely keep falling, possibly to $1150 or even further, meaning all miners will feel a lot of pain. Teranga's hedging position will keep us partly insulated from some of that pain. Between now and September 2019, when POG is $1200 TGZ will receive approximately $1272 and if POG is $1150 TGZ will receive approximately $1247. If this gives us a comparative advantage against other miners and interested parties, could it possibly present both tactical and strategic opportunities? Just wondering.
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