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Teranga Gold C$.57

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By Bobwins

Posted: Thursday Jul 30 10:55:08AM 2015

Teranga posted an excellent Q2, with profits up to .02eps and costs declining substantially.


Naturally there wasn't much market response.  After all this is a gold stock.  Never mind they made a .02 qtrly profit so it's selling for 7X forward earnings, with no debt, organic growth being financed internally and cashflow is close to .04 so 3.5X fwd cashflow.  Dirt cheap.

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