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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 > Relative perspective
View:
Post by mercedesman on Jan 07, 2019 2:04pm

Relative perspective

Everything is a matter of perspective.
 
IMO  6th place ain’t so bad for TGZ.
 
Only 11 winners out of 68 in 2018.
 
https://seekingalpha.com/article/4231441-precious-metals-market-2018-winner-wesdome-gold?isDirectRoadblock=false
 
 
Do yourself a favour.  Focus on the relative track record and future prospects vs. the FUD crowd (operating here?).  If it’s not FUD it’s “investors” that bought in the $ 4-$5.50 range, be-moaning their purchases, based on daily sp fluctuations. (notice how much worse it gets on down days)  Personally I don’t care.
 
Discussion s/b mostly about relative share performance and the PoG.  It’s a net plus that PG holds as his sole gold holding (although even he should probably diversify).  That’s all.
 
If gold tracks well into the $1300’s in 2019, as I expect, the 2018 winners (including TGZ) will do even better .  Many of the past losers will turn positive with a vengeance.
 
Having said that, I personally am taking some profits on WDO now (keeping the balance in case of a takeout).  Others will probably grow faster.  TGZ is one.  Holding this one.  I see much more upside to come in 2019.  And if it goes back to $3.50 short term, I’ll buy more.
 
Done posting here…too much of the same ‘ol same ‘ol irrelevant gripe sessions. 
 
Glta. MM
Comment by Roro1 on Jan 07, 2019 2:42pm
Nothing like a different perpective. Nice to have some positive words. I'm not a big fan of "Seeking Alpha", but if this article is correct, then this is substantial news. Moreover, this evidences greater reason for more aggressive IR.  Just imagine if this information was conveyed through a more relevant source such as Fox Business or CNBC. Well, I can dream, right?  
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