TGZ teranga gold corporation

what is happening on tsx to drive tgz?, page-4

  1. 11,145 Posts.
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    Guys.

    Thanks for your views.

    TGZ is now extremely undervalued but the market has not woken up to its potential. Even at the current POG the access to the higher ore grade now available means that TGZ will be generating serious free cashflow by the second half of 2014. I am expecting higher output with the current plant which will mean a lower cost per ounce of production.

    This has to be one of the safest goldies around, with the main risk being its location in west Africa.

    I hope they initiate a share buy back scheme while the share price is still under $1.00.

    loki
 
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