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Bullboard - Stock Discussion Forum 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 Discussion

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Post by 05RfidRich on Nov 05, 2017 8:04pm

$1.80 ???

it is true that there are few buyer of west African gold mines EDV, ROX,BTO....
But to suggest a company with a little more than 100 million shares 80 million in the bank account, 
a producing asset, and 2 probable new mines in the pipeline would have a market  cap of approximately $ 200 million and suggesting technical analysis will prevail...We just need more Buyers than sellers to get TGZ to a much more reasonable share price.
Oversold at this point!!!Buy low Sell...
Comment by kkkrrr on Nov 06, 2017 12:07pm
read the CC ...   the cash balance wil lgo up during Q4 2017 ... new study will improve the economics of Banfora because more resources ...cash-costs of banfoars stilll very low and longer minefife will improve economics at fast pace...  so exploration around banfora will be the key here...    TGZ currently is a very cheap stock... 
Comment by RaptorTrading on Nov 06, 2017 4:48pm
Yeah, we're on track to reach $3.00CAD.  Yippie, I'll try not to look at this stock for about a year.  Novemeber 2018.  Its already the longest stock i have ever held.  GLTA.  
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