Teranga Gold Corporation (fka TGCDF)

[geodan]

Alpha and Presentation

https://seekingalpha.com/article/4062819-teranga-gold-gold-producer-exploration-growth-upside

http://s1.q4cdn.com/851853033/files/doc_presentations/2017/04/European-Gold-Forum-Podium-Presentation-FINAL.pdf

Teranga Gold is a proven ~200k/year West African gold producer operating in Senegal with exciting exploration and growth projects in Burkina Faso and Côte d’Ivoire.

Teranga has a strong balance sheet, minimal debt, and is able to generate positive free cash flow at the current gold price.

Shares are down -19% in three months, -28% to last private placement in November 2016, providing investors an attractive entry point.

Teranga Gold (OTC:TGCDF) is a mid-tier West African gold producer that has a foothold in three countries: Senegal, Burkina Faso, and Côte d'Ivoire.

Shares of TGCDF are currently trading at $0.574/share. Teranga Gold also trades on the Toronto Stock Exchange (TSX), under the symbol TGZ.TO, which closed most recently at C$0.76/share.



Teranaga operates the Sabodala mine in Senegal (the company's sole producing mine), which produced 216,735 gold ounces in 2016.

For 2017, the company is guiding production of 205-225k gold ounces at an all-in sustaining costs (including non-cash inventory movements and amortized advanced royalty costs) of $1,000-1,075 per ounce.

The following geological map depicts the many different projects that Teranga has on the radar at this time, which span all phases from: early-stage exploration (Gourma in Burkina Faso, Dianra, Mahepleu, Guitry, Sangaredougou, Tiassale in Côte d'Ivoire ), joint venture exploration (Golden Hill in Burkina Faso) development (Banfora in Burkina Faso), and production (Sabodala in Senegal).