Teranga Gold Corporation T.TGZ

Maybe this is why Mimran and insiders aren't buying shares

[SGCGRIMREAPER]

https://www.bloomberg.com/news/articles/2019-01-04/worst-burkina-faso-clashes-in-years-leave-at-least-46-dead

[kkkrrr]

LOL -really? i think Mimran is not buying because he bought enough in the past ...     the violence in mali or Burkino Faso has nothin to do with the gold mines ... absolutely zero ..there is more violence in Mexico , brasil or elsewere....

[KingFox]

"absolutely zero" LOL - Really. Pay attention to the last paragraph in this article, enough said. https://www.ctvnews.ca/canada/quebec-woman-and-italian-friend-missing-in-africa-1.4241773

[SGCGRIMREAPER]

It's Okay Kingfox, KKerr and some others here are blinded to reality many times in hopes their share price will rise despite many factors hindering it. I simply pointed out something that hasn't been taken into account, only to have it laughed at by someone who didn't bother to check facts as you did. In part, that's how a guy like Young has remained at the helm, despite

[KingFox]

Here is a further "report" wrt this issue. To say it has no impact on sp is just silly.  https://www.cbc.ca/news/politics/burkina-faso-edith-blais-travel-advisory-1.4970455

[mercedesman]

I tend to agree with kkkrrr. Lots of Gold companies operating in BF and elsewhere with localized violence, where production has not been disrupted, nor the share prices impacted. I know, I own some of them. Further, 100% of TGZ production for the past many years has come out of Senegal, two countries away from BF. While they will add production soon in BF (basically on the southern border with

[ruffus23]

Consensus seems to be consolidation in the region . I think the minor turmoil right now will accelerate takeovers as prices are depresses right now. Also WAF just received financing and ORE is beginning preliminary works on a new mine. Lots of confidence in the region. 

[KingFox]

https://www.ctvnews.ca/canada/canadian-kidnapped-in-burkina-faso-is-dead-1.4257232#_gus&_gucid=&_gup=twitter&_gsc=6d0ZxLm This was not a tourist.

[loubastone]

This happened near the Border of Niger I believe...Isn't the Golden Hill claim on the southern side? Either way, Burkina Faso is becoming more unstable and government needs to crack down on this before it gets out of hand

[mercedesman]

Correct. the new mine is on the opposite end of the country to where these unfortunate events are taking place. Again. This does not disrupt TGZ's existing production since it is in Senegal. However it could slow down future growth at a prospective mine site in BF, IF the violence is not contained. The Government will find a way to curb violence if it means development $ and tax $ either slows

[KnowYourFacts]

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[Merryman]

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