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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Post by 05RfidRichon Dec 16, 2019 6:47pm
117 Views
Post# 30461207

Interested

Interestedin seeing who bought the private placement. in the presentation it  is written "$80 million in Teranga common shares to the Vendors"
To me this is very interesting , If vendors(suppliers) to TGZ bought the PP , there should be little worry about a hold period or these vendors dumping there shares for a quick profit.
PP closes this week , we should find out then.
Still some profit taking at this price hopefully that will end before the new year.
Game changer for TGZ!!!
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