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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 mercedesmanon Jan 09, 2019 9:49am
66 Views
Post# 29205207

RE:RE:RE:RE:Maybe this is why Mimran and insiders aren't buying shares

RE:RE:RE:RE:Maybe this is why Mimran and insiders aren't buying shares
I tend to agree with kkkrrr. Lots of Gold companies operating in BF and elsewhere with localized violence, where production has not been disrupted, nor the share prices impacted. I know, I own some of them. Further, 100% of TGZ production for the past many years has come out of Senegal, two countries away from BF. While they will add production soon in BF (basically on the southern border with Cote d'ivoire) I tend to doubt that this new production (a) is even built into the stock price, or (2) will be delayed at all. The world is a dangerous place. China is seizing Cdn's. Has any business halted, or been impacted? Governments tend to protect areas where there is commerce and tax dollars (and royalties) flowing into their coffers. Minor impact at best, IMO. Gold producers SP's are impacted first by PoG more than anything. Then by ability to add longer life, mining OZ's over time, with low AISC. MM
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