TGZ 0.00% $3.30 teranga gold corporation

Ann: Press Release - Year End Results, page-6

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  1. 1,053 Posts.
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    I have a feeling that the market does not like this stock as much as other junior producers due to the mine location and the fact they have a gold-repayment loan that requires them to pay 22 500 oz of gold pa to a French bank. This is not on the balance sheet per se, so they are technically quite leveraged. However, I feel that they will do pretty well given the oil price dropping so much and their mine is cash flow positive even during such times of low gold prices. I bought more today
 
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Currently unlisted public company.

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