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

A Lot Has Changed At Teranga Gold, But Were The Changes Positive?


A while ago I wrote about Teranga Gold (OTC:TGCDF) when the company was trading at just $0.48, and I felt this was too cheap for a company which just announced it planned to consolidate the entire gold district in Senegal. Shortly after my first article the share price more than doubled to $1.12 but has now come down again. Now the dust has settled around the district consolidation, I thought it's a good idea to look back at the company and determine if Teranga Gold still is attractive at this price point (up 31% since the first article at the current share price of $0.62).

I'd strongly recommend to trade in Teranga Gold through the facilities of...

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