Teranga Gold Corporation T.TGZ

And then there is also this possibility....

[mercedesman]

CHINA’S SECOND-LARGEST GOLD MINER IS TARGETING COMPANIES WITH ASSETS IN OPERATIONAL STAGES THAT HAVE RAMP-UP PLANS


The miner, listed both in Canada and Hong Kong, is targeting companies with assets in operational stages that have ramp-up plans. The company is comfortable making purchases with a price tag at roughly $1-billion to $2-billion, Xie said.

The company is open to studying potential acquisitions of single-asset companies with mines near production, he said. It is also interested in possible asset sales that may come from Barrick Gold and Newmont Goldcorp, which both have plans to divest after recent mega-mergers.

https://www.mining.com/web/china-gold-is-hunting-for-deals-worth-as-much-as-2-billion/

Perhaps they should buy both Massawa and Teranga for $ 1.2 to 1.5 B?

[BobMabena]

I think if gold can hold 1500 for an extended period of time we are going to see companies like TGZ get picked up.  I have been a little surprised the gold price has been so resilient around the 1500 level,  I expected they would push back to around 1400-50 after we had the run up but they seem to be stubbornly holding around 1500.