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Bobwins

10/29/15 9:42 AM

#32014 RE: Bobwins #32000

TGZ.to/TGCDF unchanged C$.55


http://finance.yahoo.com/news/significant-cost-savings-underlie-terangas-101000348.html

Teranga posted Q3 results. Made a small profit due to cost savings. Extended rainy season reduced tonnage milled but is expected to have reduced impact in November. Will reduce total year production to lower end of guidance. They seem to be preparing relatively well for lower gold prices.