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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 > Is really everybody just trying to front-run Mimran
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Post by Hanseatic on Nov 27, 2018 3:04pm

Is really everybody just trying to front-run Mimran

I'm following this stock now for some time, but the attitude in this board has always prevented me from takeing a full position. In 2017 everybody here seemed to be convinced that a highly dilutive share issue for Bonfora was around the corner, nobody seemed to believe that exploration would improve the mediocre IRR of the DFS, yet management has delivered. What operational reason is there for the very negative attitude towards management? I understand the frustration about the lack of insider buying, but e.g. Jochen Zeitz, CEO of Puma, the best CEO I ever met never bought one single share in the 5 years (2001 to 2006) when the share rose around 20 fold. So is everybody here just invested because he intends to front-run Mimran and is now surprised that Mimran is not stupid?
Comment by tsoprano24 on Nov 27, 2018 4:33pm
Hanseatic, I agree with your sentiment. I am here because it is undervalued. I have been surprised that people thought he would buy at any price. Gold is showing little signs of going up. Whether it is indifference or manipulation, which has been proven at both DB and JPMorgan Chase, it is not going up. I can't blame Mimran for waiting. I follow a number of gold stocks, both profitable ...more  
Comment by Hanseatic on Nov 28, 2018 2:35am
Soprano, good to hear a reasonable argument. While POG is nothing to cheer so far, they should get some cost relieve in Q4 due to the lower oil price, i.e.not everything is moving in the wrong direction.
Comment by LaurelHardy1 on Nov 28, 2018 8:33am
Well, well, well, look at here, We have a new poster Hanseatic who said: "In 2017 everybody here....." I think we found the magical guy to run TGZ since here's the date SH shows Hanseatic joined SH - November 12, 2018  So tell us Hanseatic, how did you read this thread in 2017 but joined just days ago? LOL Let's play who was Hanseatic before and why did he need to ...more  
Comment by Hanseatic on Nov 28, 2018 9:32am
Well, you just love to insult people, but you seem to be unaware that it is possible to read your comments without having to register. As far as your comment regarding insider deals is concerned, someone has already pointed out to you that Young said he thinks there will be buying that's far from a firm commitment. I prefer CEOs that are operationally strong. So if you know anything of ...more  
Comment by Hanseatic on Nov 28, 2018 9:33am
Well, you just love to insult people, but you seem to be unaware that it is possible to read your comments without having to register. As far as your comment regarding insider deals is concerned, someone has already pointed out to you that Young said he thinks there will be buying that's far from a firm commitment. I prefer CEOs that are operationally strong. So if you know anything of ...more  
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