TGZ teranga gold corporation
Add to My Watchlist 0.00% ! $3.30

Yeah EZ, it's the hedge book. This stock looks like Semafo in...

  1. rowingboat
    3,439 Posts.
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    02/05/11
    23:59
    Post #: 8343094
    Yeah EZ, it's the hedge book. This stock looks like Semafo in 2007 before it ran from $1-2 to over $10 several yrs later. Despite the high strip, hedging and exploration, cash balance still grew $11m over the quarter. More patience needed but as FeralMuttley said, time to shine... new management doing well and lots of cash minimal debt. Gora is ~5 g/t and moving from exploration to development project in the "near future"


    Rowingboat
    TGZ Price at posting: $2.33 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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