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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

Teranga Gold Corporation > A Buy at $1.50; Else Ignore It
View:
Post by auburn2 on Nov 08, 2017 9:29pm

A Buy at $1.50; Else Ignore It

That's my assessment. Just don't see how you can be comfortable owning this thing knowing they want to spend some $250 million to generate NPV-5 of under $100 million. How desperate do investors have to be to get involved in junk like this?
Comment by RaptorTrading on Nov 09, 2017 8:02am
Yeah, this junk is going  back down to pre consolidation prices around $1.00 and then do another reverse split to really diminish the value and number of shares, do that a couple of times and your capital has vanished.  The worst. 
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