The Investment Doctor
Long/short equity, value, debt, base metals

The New Teranga Has Arrived - The Consolidation Of A Gold District


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...

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