Value Microcaps Junior Miners

[dr_airtime]

TGZ.TO - go time again as one of cheapest producers??

Looked around this evening and came back to ol' Teranga as one one of cheapest producers.

See slide 15 of Guyana Gold fields presentation showing how they look at Teranga as cheapest comparable producer in their universe - BY FAR.

http://www.guygold.com/i/pdf/ppt/GUY%20Presentation%20March%202015-3.pdf

See slide 19 of Teranga's presentation comparing them against the 3 other most comparable TSX-listed West African producers (FYI P/CF for Endeavour is meaningless because of their higher debt so should be ignored).

http://www.terangagold.com/files/doc_presentations/2015/03-19-15-Teranga-Gold-Europe-Investor-Presentation-March-23-25-2015-FINA_v001_o3a16m.pdf

Finally...slide 17 has their guidance for the year. If not for the Gora (new high grade satellite deposit) development capex they have included in AISC, AISC range might be 750-850 range.

If $USD gold follows gold priced in all other currencies which are all in bull markets currently then I bet TGZ will hit $1.00 if $USD gold hits just 1300.