Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 thisisriskystufon Aug 18, 2018 7:38am
130 Views
Post# 28481712

You should take advantage of that to own them Nick Hodge

You should take advantage of that to own them Nick Hodge The first one is Teranga Gold (Toronto: TGZ; OTC: TGCDF). The company has done nothing but execute. It has one low-cost gold mine, is building another, and has an exciting exploration project as well. Teranga Gold is a quickly growing African gold producer. Its Sabodala mine in Senegal just delivered record quarterly production of 65,381 ounces. It set a six-month record as well with 129,412 ounces produced. And it raised annual guidance to at least 230,000 ounces produced. Costs are also falling and were US$867/oz all in over the first half of the year. Quarterly profit increased to US$11.586 million from US$9.6 million the quarter before. Its second mine, called Wahgnion in Burkina Faso, is under construction right now and is on schedule for first gold pour before the end of next year. And it continues to deliver high-grade drill results from Golden Hill, also in Burkina Faso. Everything headed in the right direction, except the share price. It ran to nearly C$5.00 earlier this year but has now been caught up in broader gold softness. The stock has fallen below our buy under price of C$3.75 today. Own it.
<< Previous
Bullboard Posts
Next >>