Post by
prouditalian on Dec 11, 2019 7:44am
as a Barrick shareholder
its a win/win for both companies...and reaction to the deal is positive for Teranga.
For those saying they payed too much...you have to look at the POG and the direction it is going in. UP. It will be harder and more expensive to buy good assets going fwd and your management understood this. I will now be rooting for Teranga as a shareholder via my large Barrick stake. As I wrote WIN/ WIN for both sides.
Comment by
BobMabena on Dec 11, 2019 10:44am
One of the under rated ancillary benefits of this deal with Barrick is that Teranga just came out from relative unknown to mid-core entity with much better name recognition and therefore way more coverage. Having ProudItalian comment is testament to the tide changing.