TCG - Turaco Gold

[mullokintyre]

Turaco cleaning up all the bureacratic stuff in its extenion area.
They seem to have the govt in CDI on side (for now).
Mick

 

[Dona Ferentes]

Ivory Coast has become the latest African state to kick all French soldiers (600) out of the country....

Ivorian President Alassane Ouattara made the announcement in his end-of-year address.

stable?

 

[mullokintyre]

Lucky Turaco is not French owned.

Mick

 

[mullokintyre]

Turaco been added to the Allords Index as of Monday.
Hopefully it generates a little more interest.
Mick

 

[mullokintyre]

TCG further delineating their MRE.
Hit another 52 week high today.
Been pretty good to me so far.
As always, wish I had bought more.
Mick

 

[Sean K]

Thinking of TO targets and this is probably on the radar of PRU as they expand their tentacles across Africa.

One of the better WAf countries to be in, but @finicky won't like it.

Board and management know the region very well and have had some significant success in wealth creation.

Good tonnage and OK grade.

Growth potential.

Looking at their resource cartoons some of the strip ratio numbers will be really crap and be expensive to dig up.

Could be a 4m oz resource by the end of the year.

Good 1-year chart - up 100%.

 

[mullokintyre]

TCG making more 52 week highs , good on a day when other gold stocks taken a bit of a hit.
Perhaps @Sean K is right about it being a potential takeover target.
Mick

 

[mullokintyre]

TCG in a trading halt for an cap raise announcement.
WIll certainly participate to the max if they allow us humble peasantry to participate.
Mick

 

[mullokintyre]

TCG in a trading halt for an cap raise announcement.
WIll certainly participate to the max if they allow us humble peasantry to participate.
Mick

44 cents is the strike price.
Not bad, thats not a huge discount to the recent VWAP.
Hope this one proves as lucrative as the STN cap raise.
Mick

 

[mullokintyre]

Put my money for max allocation today.
Probably won't make billions, may have to settle for mere millions.
Mick