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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 Oska1139on Nov 08, 2019 9:51pm
167 Views
Post# 30330514

Headwinds=opportunity

Headwinds=opportunityI agree with your comments mercedes. 
The Islamic violence, which has been going on for the last five years is mainly restricted to the Northern provinces of BF, and mostly eminates from further North in Mali.
The Semafo mine subjected to this most recent attack is situated in Tapoa province which is close to the Eastern border of BF. Distance between Eastern and Western borders is approximately 850 km.
Teranga's Wahgnion mine and Golden Hull prospective mine are both situated close to the Western border, and so are situated approximately722km and 555km respectively from the Semafo mine on the Eastern border where the violence occured. 
I also agree with your thoughts on the future prospects for the gold price.
I've had an interest in TGZ since I first invested in MDL in March 2004, when it aquired the rights to explore and develop Sabodala.
Happy to remain a shareholder. GLTA. 
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