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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 SGCGRIMREAPERon Sep 05, 2018 4:31pm
89 Views
Post# 28568083

RE:RE:Key to today's TGZ trading

RE:RE:Key to today's TGZ tradingRoro - I'm in 100% agreement with you about inside purchases from anyone besides Mimran. Young constantly states how very undervalued they are. Okay, if he knows it to be true, it should be like found money for him to take just a couple percent of his pay and buy shares. After all, if what he wants us to believe it's true, wouldn't he want easy money?

There's no doubt the company has several great projects but when you stay "very undervalued" for years, it's almost always lack of great communication in telling the story as the root cause.

We have little or no institutional interest or even investor questions at the quarterly conference calls. Go and find any worthy articles on TGZ outside of paid -or Seeking Alpha. I continue to feel we suffer from our in-house IR and would be much better served by a first-rate PR firm. Tell me where you see anything written about TGZ given all the supposed good news afoot?

Yes, we'll rise, but I don't think we operate on more than 50% efficiency. 

Was disappointed more with the lack of volume today than the price action. Was hoping yesterday's pop was due to some coming good drill results but looks like it was just one decent buyer who was filled.

I think we'll need to ride Mimran's coattail as he obviously has plans bigger than the day to day stuff but are stuck with Young and Moran promoting.
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