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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 Apr 16, 2020 7:17am
195 Views
Post# 30915187

BARRICK REPORTS

BARRICK REPORTS
"The average market price for gold in the first quarter was $1,583 per ounce,"
YES TGZ still has some hedges left but with this price for god cash will be roling in . The second Q should even be more interesting when the lower cost of energie becomes a factor. lets not forget when Q3 and Q4 adds material from Massawa to production Wow the cash rolling out will be incredible.
I will be very surprised if no offer of a takeover is not made.
PS.we should get some sort of news from Golden hill in May.
Stay safe

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