Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Gold corp owns half of the shares in a final stage exploration company by the name of Terrane. Terrane has over 6 million ounces of gold reserves plus I forget how many tons of copper reserve at their Mt. Milligan property. They also have another smaller property. Rumor is GG will most likely buy out the other half of the shareholders of Terrane for possibly as much as $2.50 sometime very soon as in the next 2 months. I own both GG and Terrane. If the numbers are right from my favorite gold stock analyst, GG acquiring Terrane from an out right buyout will actually end up bringing GG's cost per ounce down. Thought I'd share this with you other GG investors. I figure since GG owns half the company already, it wouldn't be bad form to post about it here.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement