In this article, I'll have a closer look at Teranga Gold (OTC:TGCDF) which is very likely the largest gold producer in Senegal, Africa. A lot has happened since fellow author Itinerant wrote his article on Teranga, and I thought it's time to write an update about 'The New Teranga'.
I will start with a general background of the project and will talk in detail about the acquisition of Oromin Exploration and the acquisition of Bendon and BADR's ownership in the project. I strongly believe this acquisition will be extremely beneficial to the Teranga shareholders as its mine life will increase considerably.
I will also calculate the real value of the combination of both projects, and this will...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|