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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 lumpy13on Aug 24, 2018 12:02pm
105 Views
Post# 28512650

RE:Tony, Laurel and Reaper..............

RE:Tony, Laurel and Reaper..............Congrats to those of you that've been aggressive.  Unfortunately, I have been sitting on the sidelines as TGZ is one of my biggest positions and I can't figure out why the volatility (altho the past few days is understandable).  Yesterday was a disaster for my various gold stocks, but nice to see the rally today.

One stock I've been lucky with is GBR, located in the golden triangle of BC.  Bought it last January and it did nothing until a few days ago when it announced outstanding drill results.  Has basically tripled and Rob McEwen just took $10m in a private placement (C1.45 vs today's price of C1,68).  Market cap is still only C$35m, and compared to other exploration companies in the area, which have have market caps but less attractive drill results, it's still relativley cheap.  I've also been increasing my silver stock holdings as I also think/hope it's time for a big rebound.


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