TGZ teranga gold corporation

chance to pick up cheap, page-4

  1. 265 Posts.
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    Elzephyrus
    I cant see an issue with the current pit if its lower grades your worried about they always said they would stockpile till end of mine life.
    Another pit is due to increase production which is the Gora pit which has higher grade feed then Sabo unless there are issues in developing down this pit.
    Teranga met all its 2012 production and cost forecasts.
    No reason to believe 2013 will not come in on target.
    Hedge book eliminated 3rd Qtr 2013 too.
    Problems next door in Mali are hundreds of k's away.
    Cant figure this one out must just be bale out from gold stocks into less riskier stocks seeing that the gold price is static.
 
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