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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 > Sounkounkou & Heremakono Properties
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Post by Thedondom on May 15, 2020 2:32pm

Sounkounkou & Heremakono Properties

Does anyone know if TGZ is going to work on these properties? Company spent several million dollars two years ago when gold was $1200 an ounce to keep them. Would be nice to see some value come from those areas. What I don't understand is why can't they get the Gora equipment setup and use it to mine the other targets in the area? Gold is $1700 and oil is sub $30. There's been lots of drilling, trenching, and sampling done on Sounkounkou & Heremakono, why not work some of those targets for a month as we know gold spreads beyond Gora.

At the same time, I was happy to see a quarterly profit and the growth. But would be nice to see all our equipment in use.
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