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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

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Post by 05RfidRich on Jan 03, 2020 12:09pm

Amazed!!

I follow a lot of Gold stocks from the majors to the Juniors . Today with gold up $20.. at times and Breaking $1550 I expected a lot more upside. It is the second trading day of the year and there could be some peole booking profits , but volumes are very light. No one is paying attention to the gold sector except a few of us die hards.
Next week we should start to see some total gold production for 2019. It should show incredible profits for companies that are unhedged. 
This world is a crazy place and this weekend might show how we can act like savages.
In the end lets take care of our famillies and make money for them.
Waiting for the herd to show up.
GLTA
Comment by matt2018 on Jan 03, 2020 1:18pm
Volume is light for now but my concern is that during times of conflict, physical gold does go up in value and is in demand but gold stocks are still just paper investments. Cash also becomes king and investors sell all stock asset classes to get into cash. (expecially stocks that they are up on). Gold stocks are great when rest of market is not doing so well but economy is somewhat stable just ...more  
Comment by SPACEDOC on Jan 03, 2020 5:05pm
This post has been removed in accordance with Community Policy
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