Teranga Gold Corporation T.TGZ

20K ounces

[BobMabena]

Big day tomorrow,  in the last 2 quarterly reports TGZ essentially carried 20K ounces of unsold gold into the next quarter.  At todays market value that would represent over 40 million dollars and probably around 32-36 million dollars in addtional revenue given golds avg price from Apr-Jun.   Add to that todays announcement that essentially says they are mining more than they expected out of Waghion.   We have also not heard anything in a while about Golden Hill which is another Waghion in the making.   

Personally I am expecting they deliver good results tomorrow.   I have been disappointed in the past as most quarterly reports had some great news but some bad news sprinkled in. I am hoping things are going really well and now we are in the period where we basically reap what has been sowed.

I have been in this stock for well over a year and have an avg price of around 4.50.   It's been a great ride and hopefully it continues.  

I do miss MercedesM and Spacedoc mocking each other,  if you chaps are still about..... Say hello...

[BobMabena]

They did is again,  lots of unsold gold and 36 million does not make it to the bottom line.   Every quarter the have great news but always throw in a little question mark.   at 4-10 dollars this was a bargain but this stock has now reached a more fair value.  The gold price is now going to decide how well this stock does.   It's been a ride and I have