Teranga Gold Corporation (fka TGCDF)

[ConferredDiligence]

This is the big week, Gryphon deal closes on Thursday!

Quote from Seeking Alpha:

The Q2 and half year so far has been outstanding for Gold, and Teranga. Unfortunately the shares of TGZ have not gone higher than where it was in May when gold was 1250.
Im frustrated as many shareholders and management must be.
But my thesis is that the Gryphon acquisition is leaving too many analysts and investors in the dark. Once the deal closes, the new pro-forma Teranga will be re-rated/repriced and the unknown variables will be known. An example of this was when Perseus Mining was acquiring Amara Mining - the share price was flat for a month as gold blossomed. But once it finalized, the shares soared within days; as investors knew what the company was now.
Expect the deal to go through end September, early October. I urge investors to review the Q2 earnings transcript, it was very exciting. Until then, its a MUST BUY.