TGZ, TERANGA GOLD CORPORATION

[mercury]

In Reply To: jacsar's post @ Nov 1 2014, 08:26 PM

THANKS FOR the read Jascar.
But with ASIC costs of just over 900$....how is it that a company can only have a profit of 1 ct per share. ????
is amortization and depreciation included in ASIC ?

thanks
merc

[jacsar]

In Reply To: mercury's post @ Apr 15 2014, 02:36 PM

just came across this..some interesting figures... http://www.mineweb.com/mineweb/content/en/...4&sn=Detail ...cheers and remember to buy straw hats in winter

[sreeve]

My TGZ chart view below.

TGZ is a fairly illiquid gold stock. Nonetheless, weekly candlesticks create a more clear view on the areas of resistance and support. The 80 cent region has been a dominant area of resistance, whereas 55 cent has been a strong support level, and the place to watch if the current trending support line is broken.



~ Scott

[mercury]

they ae trying to raise funds, which means that they have goofed somewhere. with so low Cash costs...they shouldn't need money

[henrietta]

In Reply To: mercury's post @ Apr 1 2014, 08:46 AM

Hi Merc
I took the opportunity to sell in that sharp rise after MDL finished their huge off-load. They were free carried, but disappointed with the result after a promising start. The problem might be a lack of exploration results, and POG of course. Have moved on, as it were.
Cheers
J

[mercury]

TGZ annual report is available today. However, I am unable to read into it why the price of the company is so low.

Other's thoughts?

thanks

Merc

[mcart117]

In reply to Merc, I like TGZ, not sure why it was so negative in December.

To all forum users I have another question about cross trades, if that's OK.

The table below shows TGZ trades early this morning.

Am I right in thinking that if those trades had gone through the market the opening auction price would have been .666 and the sellers at the front of the queue would have got that price? You can guess I was a seller @ 64, and I'm not complaining about a cent or two, but surely the whole point about an auction is that it's fair to everyone. Looking at that table, it's like there is a private share market for the big players and the ASX is just for tiddlers (like me).

[mercury]

TGZ announcement seems positive. But the market has not responded that well on a volume basis. Those of you who follow may be able to fill me in on their recent meanderings in a downtrend.




Merc

[OZGAZ]

In Reply To: henrietta's post @ Jun 11 2013, 01:07 PM

WBC have raised their holdings in TGZ......interesting



Cheers


Ozgaz

[henrietta]

Major dust-up between TGZ and MDL. TGZ was spun off from MDL as MDL concentrated on its mineral sands deposit. Be interesting to read the MDL side of the story.

http://www.asx.com.au/asxpdf/20130611/pdf/42gdlgdxxjz6k1.pdf
Cheers
J