If you believe Gold is going to US$1700/oz again, this is a fair...

If you believe Gold is going to US$1700/oz again, this is a fair acquisition for Teranga. If, like me, you think this is some time off, I'm sorry, this is a poor play by Teranga. I know many Canadian and Oz gold companies have picked over this asset and have rejected it out of hand. Xmas has come early for Gryphon shareholders. Believe this purchase shows a massive lack of foresight. Should be thinking bigger.
Thought this might be a 4-5 bagger after buying in in late Feb, but I'm out on this decision.

Good luck to all