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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 fruitvale3067on Nov 10, 2020 9:25pm
262 Views
Post# 31875382

RE:RE:Any suggestions on what tgz share price will be at

RE:RE:Any suggestions on what tgz share price will be atWhile I'm not oppsed to a buyout (for the right price) In this gold market a company like Teranga should not be selling for a low premium over the current share price. There are a lot of terribly run mining companies out there, however this isn't one of them. Teranga is just starting to hit it's stride. Plus the share structure is tight so it won't take much buying to move the price considerably. Just keep doing what your doing, you have the goods, just keep producing, pay down your debt as soon as possible, institute a dividend and enjoy the rewards. 

On the other hand, an ideal situation is a bidding war breaks out between 2-3 mining companies and we get a very nice premium. 
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