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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 05RfidRichon Mar 28, 2019 7:41pm
94 Views
Post# 29551424

The Mimran absence is hurting

The Mimran absence is hurtingBut event the best of gold miners have been hurt lately , even the great gold miner with mines in Northern Ontario and Australia , 2 very safe jurisdictions have lost its momentum.
The pendulum swing wildly sometimes and who knows what the price of gold will be tomorrow. 
I may be the only one on this board that cannot criticize Young for his performance as leader of this mining company. His leadership has given consistent result in mine production and we will soon see if he can deliver a new mine on time and on budget.
Drill results are never guaranteed but it seems with the golden hill prospect a little luck may be on our side.
Grandich has hinted at it , and I agree that Tgz will be taken out in the not to distant future. With a market cap of just over 400 million a friendly takeover bid for both mines and the Goldein Hill prospect is inevitable. with any offer just a 30% increase to the $5.50 range would see many shareholders give up their shares. Do I think TGZ is worth a lot more , yes I do , Do I think TGZ is greatly undervalued, yes I do, Do I think Mimram will start buying shares, I dought it. 
My guess is he and maybe a few of his buddies will  take us out so he can have another trophy to put on his mantle piece.  This would need to happen before Gold makes it next move upwards.
Hurry up David, you do not have much time!
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