RE:Insider buying
Postmark,
I suggest you read rules for insider transactions; after doing so read latest TGZ Report, (January 28, 2016 `Teranga Gold Outperforms 2015 Cost Guidance').
Contained within January 28, 2016 Report, the following:
Detailed annual capital and operating costs summaries will be included with the Company's 2015 year-end results in February, 2016.
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I believe your post clearly addresses the present and near past operations of TGZ. The above suggestion, that you familiarize yourself with insider trading rules would, (perhaps) understand why insiders have not currently, (or in the near past) purchased company shares -The January 28, 2016 news release contained news capable of effecting the share price and the upcoming, Detailed Annual Report for 2015 will include news of the same importance.
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If you are looking for some encouraging news, (regarding TGZ) I can provide that for you here and now.
A very successful Senegalese businessman that knows the Senegalese people knows the Senegalese government and knows about the TGZ project in Senegal, recently purchased 39,200,000 common shares of TGZ – Think about that for a moment and you will realize; that’s quite an endorsement.