TGZ 0.00% $3.30 teranga gold corporation

It is another crappy report. If they had not raised more funds...

  1. 11,119 Posts.
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    It is another crappy report. If they had not raised more funds at 83 cents in addition to the $135m they got from Franco Nevada TGZ would now be in trouble.

    I expect the next quarter will only be a bit better, because they have not yet accessed the higher grade ore at Masato. They will mine the high grade stuff and then what for the rest of deposit?

    Its a case of Struggletown for this mob unless the POG heads a fair bit higher.

    Promises, promises and waffle is all can expect from this management. Perhaps MDL understood TGZ better than most when it sold on the cheap its large holding in the company.

    Rowingboat - where the heck are you? Had enough of Hotcopper and its gold thread? Any thoughts on TGZ and its future? By the by, I have also found TRY rather trying. There must be something wrong with companies starting with the letter T.

    loki (not sure why I still hold - this is not going anywhere, but it can be traded)
 
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Currently unlisted public company.

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